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How much does it cost to charter a yacht?

There are many things to consider and first time charterers can be left confused, that's why we've created a comprehensive guide to yacht charter prices (with a checklist).

The good news: It’s easy to grasp the basics of yacht charter pricing. And with one of our experts in your corner, we can help you more accurately estimate the cost of your next once-in-a-lifetime vacation.

The cost of a yacht charter is dependent on a number of factors, including the type of yacht, the charter destination, local taxes, and the base cost. (If the yacht has a celebrity owner, well that too, can add to the cost.)

Therefore, yacht charters have a wide range of base prices. That’s why charters can cost from $10,000 per week on smaller sailing yachts and catamarans, up to $150,000+ per week on the most luxurious motor superyachts.

What else can you expect to pay? This overview – a part of our planning resource, the Charter Advice Guide – offers an in-depth look at charter yacht costs.

Yacht Charter Price Structure: “All-Inclusive” vs “Plus Expenses”

In the world of yachting, two types of crewed yacht charters are available to you – “All-Inclusive” and “Plus Expenses” charter experiences. What do these terms mean exactly? Here’s a quick look:

• All-Inclusive Yacht Charters – Some charters (mainly catamaran and monohull charters in the Virgin Islands) offer all-inclusive rates. That means rates are based on the number of guests, and they include all food and drink, water sports, and fuel costs. Dockage and taxes, though, are usually charged separately.
• Plus Expenses Charters – Rates for larger motor yachts do not include running expenses, which must be paid separately. For these luxury charters, the base price is for the yacht only. Additional expenses, i.e. food, bar, fuel, dockage, port taxes, and other expenses, are charged separately. Most frequently, the running expenses are paid by an Advance Provisioning Allowance, or APA, which is typically 35% of the base price; this is an amount that’s paid prior to the charter.

Our chart below offers a quick overview of what’s included in both of these types of charters.

Average Yacht Charter Cost: Base Prices

What can you expect to pay for a catamaran, a sailing vessel, or motored yacht? Here’s a quick overview of the average cost to rent a yacht (not including extra expenses) for the most common types available:

Factors that Affect Yacht Charter Prices

Since charter yachts are privately owned, prices are set by the owner. This can explain, in part, the wide range of differences in price between boats of similar lengths. Yet, several other factors can significantly impact price, including:

• The Yacht – The year the boat was built, the builder, previous owners, and the boat’s selection of water toys can also increase the cost of a yacht. Boats can also develop a reputation, i.e. the largest or most luxurious, or having a famous builder or previous owner. Reputation can also affect pricing.
• Season – Prices typically increase in the high season – i.e. high summer in the Mediterranean or winter in the Caribbean – and decrease in low seasons.
• Destination – Your charter destination also plays a role in charter cost. For example, prices increase in areas without large charter fleets (i.e. the Galapagos), whereas Bahamas yacht charters,   BVI charters , or Mediterranean yacht charter are priced more competitively.

Additional Costs Considerations on Yacht Charter

In addition to the cost associated with running the yacht and provisioning, there are a number of other costs that must be considered. These are the most significant:

Advanced Provisioning Allowance

The APA on Plus Expenses charters equals roughly 35% of the yacht’s base price. This is a fee that’s collected prior to charter, and it’s similar to an expense account the captain can access during the charter. At the end of the charter, you will receive a detailed accounting of your APA account, plus any unused APA funds in cash.

In the case of overages, you may be required to replenish the APA account during the charter. This can be done with cash, although many choose to set up accounts with their charter brokers , which can be accessed if requested by the captain.

Taxes and Value Added Tax (VAT)

Most boats – whether all-inclusive or Plus Expenses – will not include local taxes or a Value Added Tax into their charter rate. The charterer will be responsible for paying those taxes. Taxes range significantly by destination; here’s a look at some of yachting’s most popular destinations:

• The Bahamas – Tax: 4% plus 10% VAT
• BVI – Tax: between $6 and $16 per person per day, depending on the flag of the boat
• Croatia – VAT: 13%
• Florida – Tax: 6% for Broward County, 7% for Miami-Dade County
• France – VAT: 20%, however, 10% can be applied when an itinerary includes International Waters
• Greece – VAT: 12%
• Italy – VAT: 22%, however 6.6% (over 24m) and 8.8% (under 24m) can be applied when an itinerary includes International Waters
• Montenegro – NO VAT
• New England – NO TAX
• Spain – VAT: 21%
• Turkey – NO VAT

Charterers can purchase cancellation and curtailment insurance – which is similar to traveler’s insurance. This insurance can help cover costs if a charterer must cancel or shorten the charter. Charter brokers can help you weigh insurance options, and often offer several different options.

Crew Gratuity

While crew gratuity is certainly not mandatory, it is recommended, particularly if you were truly impressed with your charter experience. In general, crew gratuity is roughly 15-20% of the base charter rate, which is handed to the captain at the conclusion of your charter.

Delivery Fees

While these fees do not apply on most charters, you may be asked to pay delivery costs if you are not chartering in the yacht’s normal cruising ground. In most cases, you will only be required to cover the fuel for the trip.

Call Worldwide Boat today to learn more. Our Charter Specialists are here to assist you with every detail and explain all charter costs. Or read our Charter Advice guide for more information and tips for planning your charter vacation.

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Additional Charter Cost FAQs

What are standard private charter yacht prices?

There are a number of factors that affect charter yacht pricing. However, on average, a week-long private yacht charter costs anywhere from $10,000 on luxurious sailing yachts and catamarans, and up to $150,000 for superyachts.

What affects charter yacht prices?

There are several things that influence how much your yacht charter will cost. The type of vessel, charter destination, length of trip, base cost, time of year, and local taxes all make a difference.

How much does it cost for a crewed vessel?

Charter yacht prices do increase when hiring a crew along with the boat. At Worldwide Boat, we offer two types of crewed charter experiences: all-inclusive and plus expenses. An all-inclusive charter yacht includes accommodation for all guests, food and drink, water sport activities, and fuel costs – dockage fees and taxes are charged separately. A plus expenses experience accounts for just the yacht’s base price. Things like food, drinks, fuel, dockages, taxes, and other expenses are charged separately and are usually estimated to be about 35% of the base price.

What’s included in all-inclusive boat charters?

At Worldwide Boat, your all-inclusive charter experience includes a diligent and friendly crew, water toys, food, drinks, fuel, water and electric services, and occasionally diving experiences.

What are some additional charter boat costs to consider?

After finding a base price you’re comfortable with and evaluating your package, you’ll also want to consider delivery fees, crew gratuity, insurance fees, taxes, and Advanced Provisioning Allowance rates. If you are responsible for these fees, your crew will handle the necessary transactions on your behalf.

What does it cost to rent a 100- foot yacht charter?

This depends on what type of vessel you’re looking at and how long you’ll need it for. The average weekly cost of a 100-foot sailing yacht is between $50,000-100,000. A weekly 80-foot catamaran charter runs around $40,000-100,000, and a week-long 100-foot motor yacht rental is anywhere between $50,000-80,000.

Does the price to rent a yacht change depending on what type of boat it is?

Yes. Worldwide Boat offers sailing yachts, catamarans, and motor yachts. All of these vessels have different capabilities, but there are other factors that determine the price beyond what type of boat you choose. The year the boat was built, owner, availability of water toys, onboard amenities, and the ship’s reputation can all change how much the ship is priced at.

When is the high season for yacht charters?

The price of a yacht fluctuates depending on the season. A Mediterranean yacht charter cost rises in the summer and drops in the winter, whereas Caribbean boat charter prices are high during the winter and lower in the summer months.

How does my destination affect charter yacht cost?

The more remote an area is, the more expensive it will be to charter a yacht there. That’s because prices go up in areas that have fewer boats. If you were to travel somewhere like the Galapagos, which isn’t a typical yacht destination, you’d pay more than you would if you were traveling to the Caribbean.

How much do I tip the crew when reviewing my yacht charter expenses?

It’s not required that you tip your crew, but it is recommended and appreciated. If you had an enjoyable experience it’s considered polite to tip your crew anywhere from 15-20% at the end of your charter.

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Yacht Charter Costs Explained

A comprehensive breakdown of your charter costs and fees.

When you begin planning a luxury yacht charter it is important to be aware of what is included in the cost of booking your dream charter yacht. although a yacht will have a base charter fee, this may or may not include additional expenses such as food and fuel and this is subject to the terms and conditions within the charter contract. there are various types of charter contracts and which one applies to you will depend on where you wish to cruise., high season.

High season refers to the most popular weeks of the year for yacht charter, whether it’s the winter period in the Caribbean or the height of summer in the Mediterranean , booking in high season requires early planning, determination and a big budget. In addition, planning a yacht charter to coincide with a major event will also be reflected in the price with marine spots for elite events often booking up early. Allow plenty of time when making enquiries to ensure a star studded, well prepared arrival.

Low season typically refers to any time outside of the high season periods. Groups of families and friends looking for a relaxing luxury vacation are advised to avoid high season weeks and opt for weeks outside of this time. The busiest periods are of course reflected in the charter costs and can be up to 15 to 30 percent more expensive than typical low season periods. Chartering a few weeks either side of these busy periods can be almost exactly the same, with the weather almost unchanged in some places, with far less crowds.

Take to our detailed destination guides and browse the yachts available in your chosen destination. Some of the most successful superyachts in the industry can be reserved up to a year in advance and as most yacht brokers will warn away from last minute bookings, it is better to book early and have the pick of the bunch rather than miss out at the last moment. Browse the Events section for details on upcoming festivals and sporting events or visit our Finding a Yacht Broker page to begin your planning your luxury yacht charter.

This article will go into detail of the costs to be expected when planning and booking a yacht charter. From the base charter fee of a yacht, what is covered within the fee and how it may vary in addition to details of contracts and how an Advance Provisioning Allowance (APA) can be used to manage any expenses.

Base Charter Fee

The base charter fee in essence refers to the hire cost of the yacht itself, with all equipment in working order in addition to the cost of food and wages for the crew during the entirety of the charter. This is essentially all the base charter fee covers with additional expenses often applicable on top. The base charter fee will vary from one yacht to another and this may be down to any number of reasons from size and on board amenities to the charter season. For instance, the base rate of a charter yacht may increase in "high season" and reduce during the "low season". "High season" and "low season" refers to the busiest and slowest periods for yacht charters though this may appear misleading, as these peak times refer to periods of weeks as opposed to full seasons. In addition, you may find that a yacht is also more expensive during special events such as the Monaco Grand Prix, Cannes Film Festival and America's Cup. Unless you are keen to charter a yacht for a particular "high season" event, choose your dates carefully as although a "high season" rate will be more expensive than the "low season" the two can sometimes share much of the same weather conditions.

Aside from seasons and events, yachts of the same size may also differ in price and this may be down to a vast difference in on board amenities. A yacht which boasts an on board cinema or lavish water toys may have a higher base rate compared with a yacht of minimal amenities of the same size. If it is unclear as to why two yachts of the same size are vastly different in price, ask your yacht broker to explain what the differences are. Once you are clear on what the base price is and why, it is important to discover what costs will be applicable on top and this is dependent on the type of charter contract used.

The type of charter contract applicable to your charter will depend on where in the world you are cruising, as there are various terms within the industry which dictate how the payment structure is determined. For instance, a MYBA (Worldwide Yachting Association, formerly known as Mediterranean Yacht Brokers Association) contract operates under Western Mediterranean Terms (WMT) and is arguably the most commonly used, particularly with large yachts embarking on a Mediterranean yacht charter. This contract is often referred to as a "plus all expenses" contract and requires that the charterer pay for fuel, food, beverages and dockage fees as an additional expense outside of the base charter fee. Typically, guests can accumulate an additional 25% to 50% of the base charter fee though this is dependent on what is consumed. These expenses can be tracked through the use of an Advance Provisioning Allowance (APA) which we will cover in the next section.

Alternatively, smaller yachts on a Caribbean yacht charter can expect a "mostly all-inclusive" contract known as Caribbean Terms Inclusive (CTI) sometimes referred to as Standard Caribbean Terms (SCT). The Standard Caribbean Terms greatly differ from Western Mediterranean Terms, as the Caribbean terms include three meals a day in addition to four hours cruising per day which is included in the base charter fee.

In addition to the commonly used MYBA terms and Standard Caribbean Terms, there are also less frequently used terms such as Standard Eastern Mediterranean Terms (SEMT) and Greek Terms (GI). Read our guide on Understanding Charter Contracts for more information and if you are unsure as to what is included under the terms of your contract, be sure to ask your broker.

Advance Provisioning Allowance (commonly referred to as APA)

Irrespective of the charter contract it is important for guests to be aware of the Advance Provisioning Allowance (APA). The APA was designed to enable charterers to manage their expenses through a clear and trackable arrangement. An APA is a way to deposit the estimated expense amount of your charter to cover costs such as fuel, food and dockage fees. Typically, the APA accrues to approximately 25% to 30% of the base charter fee, though this does of course depend on the charter parties tastes and requirements and could be far less or far greater than this estimation. For instance, charter guests who intend to regularly dine on caviar and vintage wine can expect to pay more, whereas guests on board a sailing yacht charter can expect to save on fuel costs. Charterers can request an estimated APA amount from the yacht broker based on their on board expectations.

The APA is to be paid approximately one month prior to boarding the charter yacht and is paid directly to the Captain of the yacht. Once the APA has been paid to the captain it will then be retained as a bank account of sorts, from which the captain can make expenditures whilst keeping a record of what has been spent. At any point during the yacht charter guests can request a rundown of accounts from the captain as a way of keeping track of expenditures. The captain will request that any additional funds are paid during the charter should guests exceed the APA. It is therefore a good idea to keep an additional account with your yacht broker on shore, as should the APA become critically low at any time the yacht broker can release additional funds to the captain on the charterers command. Cash can be used if necessary though an on shore account may be deemed as hassle free to some.

It is important to remember that food and fuel for example, are charged at cost without mark up to the charterer and upon disembarking, transactions can be reviewed by the "head" charterer and Captain with any remaining funds to be paid back to the charterer.

Fuel and Dockage Fees

It is important to remember that whilst considering fuel costs, the fuel consumed when using jet-skis and tenders will also apply to the charterer. In addition, whilst docked at a marina the generators used in order to produce electricity will also use fuel. The distance travelled and speed of cruising also affects fuel costs and it is important to bear these factors in mind. Dockage fees may vary from very little to large sums and this is dependent again upon the location and whether you wish to dock during a special event such as the Monaco Grand Prix.

Although insurance costs are not directly connected to the charter costs as such, it is useful to bear in mind should you with to take out Charterers Liability Insurance or Cancellation and Curtailment cover. You can read more information regarding insurance in our How to Book and Plan a Yacht Charter article.

Value Added Tax (VAT)

European Union (EU) tax laws state VAT will apply should you disembark within their waters, for example Italian territorial waters. This may also apply to some Caribbean islands. Commercially registered vessels are usually VAT exempt though vessels which are not commercially registered will be liable for VAT for all charters within the EU.

No request is too large or detail too small on a yacht charter though it is wise to keep in mind the shipping costs should you request an expensive bottle of champagne to be transported to you whilst you are residing in a secluded bay of the Caribbean. It is important to understand the entire payment structure to ensure no unpleasant surprises arise and it is often prudent to keep an escrow account with your broker on shore in order to control charter costs without having to carry cash on board.

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How Much Does it Actually Cost to Charter a Yacht?

From tips to APAs, we steer you through all the costs associated with private yacht charters.

By Emma Al-Mousawi

Not many things can match the glamour of yacht travel. The endless opportunities for exploration in the most luxurious of settings, as the wind blows through your hair, sounds even more alluring after a year spent indoors with feet firmly on solid ground. As we emerge from the grips of the pandemic, a private yacht charter could offer adventure seekers the perfect escape away from the crowds. And one of the most common questions amongst novice charterers is ‘how much does it actually cost to charter a yacht?’

Here at Elite Traveler, we are answering this question and more as we round up the key costs that anyone planning their first yacht charter needs to take into consideration.

[See also: The World’s Most Expensive Yachts for Charter]

What will my yacht charter rate include? 

Most importantly, there are generally two types of yacht charter: an all-inclusive charter and the more common ‘plus expenses’ charter. As suggested by the name, the cost of an all-inclusive yacht charter will include (almost) everything such as crew, food, drinks, fuel and water sports equipment (though always check as this does vary between charter companies). However, s ome all-inclusive charters won’t include dockage or mooring fees, which can soon add up – but more on that later. 

A ‘plus expenses’ or ‘separated charges’ charter is where a base price is charged for the ship and its crew, while everything else is paid for through an ‘Advance Provisioning Allowance’ (APA) before you step onboard. Prior to a voyage, guests will complete a preference sheet with their likes and dislikes, enabling the chef and service team to stock up on the guest’s favorite items. This tends to be the norm on superyacht charters as it allows for a much more tailored experience.

As well as covering food and beverages, an APA will also cover things like fuel and possibly dockage. It is usually charged at around 30% of the yacht’s base rate. According to luxury yacht brokers Northorp and Johnson , the average price paid by its customers for a week’s ‘plus expenses’ charter was around $152,000 in 2020, which would mean an APA of around $45,600 – not a small sum, so it’s definitely something to be aware of when selecting your vessel. 

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A third, less common charter is a ‘bareboat’ charter. This is a charter without a crew or provisions and only generally favored amongst experienced yachtsmen and women or those who can supply their own crew. 

[See also: How to Charter a Superyacht]

There are generally two types of charter: all-inclusive and ‘plus expenses’ / ©Burgess

Does size impact how much it will cost to charter a yacht?

The reputation of the crew, the age of the yacht and its design will all influence the price of your charter; however, the single biggest factor that will impact cost is likely to be the size: the bigger the yacht, the more you’re likely to pay. 

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For example, with leading yacht brokerage Burgess , a week’s charter in the Caribbean aboard the 163.3 ft Home starts at $245,000 . If you opt for the larger Laurentia , at 180.5 ft, the price starts at $450,000. Both yachts were built in 2017 by leading Dutch shipyard Heesen and have capacity for 12 guests, but there is over $200,000 difference in the price. Naturally, you can also expect a higher APA for a bigger ship. 

N ovice charterers might be surprised to learn that a larger yacht doesn’t automatically translate into a larger guest capacity. Most superyachts are capped at a 12 guest limit due to International Maritime Organization safety regulations.

Home is available for charter from Burgess from $245,000 per week /©Burgess

A week’s charter on board Laurentia starts at $450,000 / ©Burgess

Does the type of yacht impact the price?

The answer is yes, but to a lesser extent than size. There’s something for everyone when it comes to yachts: classic yachts (built between the 1920s and 1970s) allow you to experience old school glamour of a bygone era, whereas sportfishing yachts are nimble and offer a long-range to get you to the best fishing (or diving) spots.

Sailing yachts are a popular choice amongst boating enthusiasts, but by a long shot, the most popular charter yachts are motor yachts. These are typically what spring to mind when you picture a superyacht and (size-dependent) tend to be the most expensive type of yacht to charter, often being pricier to purchase, maintain and fuel. Explorer yachts are motor yachts designed to cope with the most extreme conditions – if you’re planning a luxury superyacht charter to Antarctica, for example, it’s likely to be aboard one of these.

Over the past decade, explorer yachts have skyrocketed in popularity amongst intrepid travelers looking for opulent adventure on the seven seas. A week onboard the world’s fastest explorer yacht, the 311.68 ft Bold , costs approximately $964,300. This also makes it one of the world’s most expensive yachts to charter, in line with what you’ll pay for chartering the crème de la crème of the more ‘conventional’ superyachts typically seen on the French Riviera, like the ultra-glamorous O’Pari . A week’s charter onboard the 312 ft O’Pari comes complete with custom artwork and DJ booth costs from $1.1m.

[See also: The Best Luxury Yacht Builders in the World]

Charter Bold from Burgess for approximately $964,300 per week / ©Guillaume Plisson

Is chartering during certain months more expensive than others?

The time of year will impact your charter price. In yachting, there are two main seasons – summer and winter – and chartering during these peak times will push up the cost. The summer season runs from May to October, with peak rates in July and August. The winter season runs from November to April, with peak rates over the Christmas holidays and into New Year. Location also dictates the price of a charter; for example, Caribbean charters are costlier from December to March whereas Mediterranean charters are at their priciest during the summer months. 

What about expenses, gratuities and other unexpected costs?

Not even a Mediterranean jellyfish has the power to sting an unassuming first-time sailor like end-of-trip expenses. 

As mentioned previously, with ‘plus expenses’ charters your APA is paid before you set sail. However, a detailed list of outgoings will be kept by the ship and if your expenses surpass the amount of your APA, you will be asked to cover the amount for the remaining charter. Saying this, it does work both ways – any unspent APA will be refunded to you. 

On both all-inclusive and ‘plus expenses’ charters, crew gratuities are not included in the yacht charter price. If you were happy with the service, the going rate is around 15 to 20% of the charter cost, so do keep this in mind. 

Depending on your charter agreement, docking fees, a charge you pay to keep your yacht in a marina or harbor overnight, may or may not be included in the cost. These can vary greatly depending on the location, time of year and the size of your yacht. Expect to pay the highest docking fees on the Mediterranean during high season with Capri and St Tropez commanding some of the steepest premiums.

Your itinerary can also affect the price, as traveling to places like Antarctica and the Arctic Circle require expensive permits. Certain destinations will also charge tax and VAT, so it is sensible to check with your broker if you’re keen on getting a cost breakdown before your trip. 

[See also: The Best Superyachts to Charter This Summer]

Emma Al-Mousawi

Latest in luxury, the explorer.

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How Much Does It Cost To Charter A Yacht? (Pricing Charts Included!)

Explore yacht charter costs with our guide, including pricing charts for destinations like Miami and the Mediterranean. Perfect for travelers planning a luxurious getaway.

In the movie Arthur , Liza Minelli, playing a snappish waitress, asks drunken playboy millionaire, Dudley Moore, playing Arthur, "is it wonderful to be on a yacht?" Arthur pauses for a moment and considers. "It doesn't suck," he says simply. Truer words might never have been spoken. A yachting getaway tops many a vacation wish list for people all over the world.

One wonders if Liza might have then asked, "Arthur, how much does it cost to charter a yacht?" The answer depends on a range of factors, including the charter destination, the type of yacht, taxes where the cruise occurs, level of pampering on board, and more. 

In general, a yacht charter can run from $3,000 for a day charter in Miami to $150,000 plus for a week-long charter in the Mediterranean. Smaller sailboat yachts, often catamarans, can be found for $10,000 per week in the Bahamas, and larger, gas-fueled motor yachts can fetch several hundred thousand dollars for a week in French Polynesia.

Clarifying what constitutes a "yacht" can be challenging. Some folks will say a boat larger than 33' is a yacht. Others, primarily those in the day-to-day yachting world, believe that a yacht should exceed 24 meters (78 feet). 

In addition to the base price of the charter, other costs can impact the total expense. Tipping of the crew, fuel costs, and provisioning contribute to the overall impact to your wallet. Beyond the base rate, one can expect to add another 25% - 50% in expenses. In this article we'll cover the specific add-on costs of yacht chartering. 

What is the Average Cost To Charter A Yacht?

What are the factors that affect yacht charter prices.

Charter prices jump around all the time, so it's hard to say for sure how much it is to charter a yacht at any given time. However, you can always estimate. Below are some of the factors that affect the price.

As with any resort destination, there is a high and low season for yacht charters. Prices will rise and fall seasonally like hotel rates rise and fall. That means that you can expect to pay top dollar in the Caribbean during the winter. 

If the Mediterranean speaks to you, summer is going to be the priciest time of year. Off-season, possibly with overcast days, cooler waters, and more wind, you can still charter a boat and will certainly save money over high-season pricing. Know too that lower costs don't necessarily translate to a lower-quality experience.

Before high season hits or as the high season fades, you'll find that it's easier to charter a yacht in some of the more desirable locations. These more tranquil times of year appeal to those who aren't looking for the action-packed, party-hard crowds that may flock to prime berths and moorings in conjunction with major social and sporting events around the world. 

Major events aside, there's no lack for other things to do in these locales. The reduced costs from steering clear of crowds affects other activities too during these slower times.

Shoulder seasons offer less intense weather than high season. In the Med, high season means higher temperatures. Milder weather can be just as appealing to individuals less inclined to bake themselves in the hottest sun during July and August.

The earlier or later in the season, expect charter costs to decrease proportionally relative to how far early or late you're able to cruise. Expect to save somewhere in the 15% - 20% range. In some instances you can snag a deal with savings of 50% or more. 

So, you've watched every season of Below Deck and have your heart set on chartering the Below Deck yacht? Well, be prepared to pay a premium for a boat with any notoriety or celebrity association. 

From yachts sailed on by Kourtney Kardashian ( Sealyon ) and Beyonce ( Halo ) to yachts used on reality shows like The Bachelor ( Leight Star ), the celebrity stamp of approval means even bigger bucks are needed to charter these boats. 

Aside from celebrity significance, the type of yacht is also a pricing factor. Smaller yachts and yachts that are wind-powered (catamarans) are going to be cheaper than larger boats with big fuel tanks for getting from Point A to Point B.

For enthusiasts seeking yachting experiences, exploring the cost to charter a yacht is an essential step towards planning a memorable journey, especially if you're looking at a destination like British Virgin Islands. One of the best providers that can assist in the process is BVI yachting .

Destination

Supply and demand, as with all things economic, affect a yacht charter fee. In destinations with an ample supply of yachts (places like the British Virgin Islands, the Bahamans, or the Med), the availability makes prices more competitive. 

In more remote charter locations, like Indonesia, French Polynesia, and Costa Rica, a more limited supply of yachts drives fees up.

Advanced Provisioning Allowance

APA (advanced provisioning allowance) is money in addition to the base cost of the charter. APA is used for paying expenses on board such as food and beverage, berthing fees, customs, and fuel. Like a bank account, the captain and chef are able to access the APA to cover expenses while on board the yacht. 

The amount needed for APA is dependent on the cost of fuel and berthing locally. Foodies wanting the best of everything for every meal will have higher APA costs than clients with less discriminating palates.

Generally speaking, plan to pay 30% to 40% of the base charter fee for APA. Spending more time underway and cruising from spot to spot as opposed to laying at anchor and saving fuel costs affects APA. 

Crew Gratuity

Tipping your captain and crew is a standard industry practice. That expense should be looked at closely when considering how much it costs to charter a yacht. Because gratuity starts at 5% and goes up to 20%, it has a sizable impact on overall cost for your charter experience. 

Tips are generally provided to the captain in cash. In some instances, rather than carry extra cash, clients can wire their tip in advance to be held in escrow. 

What is the Standard Gratuity for a Crewed Yacht Charter?

Because gratuity starts at 5% and goes up to 20%, it has a sizable impact on the overall cost of your charter experience. In the Med, based on input from the Mediterranean Yacht Brokers Association (MYBA), most tips are in the 10% - 15% zone. 

Some background on Mediterranean gratuity: At one point several years ago, certain clients were tipping exorbitant amounts which led to increased expectations of yacht crews. When other clients weren't as generous, crews were less than enthusiastic, sullying the service image of yacht charters. The MYBA stepped in to level the playing field for a consistent amount and practice in the industry.

When there are extra funds left in the APA at the end of the charter, the funds can be used toward the gratuity or refunded to the client. Some clients will opt to tally 15% of the base cost to add to the APA as a means of being efficient and safe with the gratuity expense.

When you need it and have it, insurance can be the eighth wonder of the world. But it does come at a cost. As with other travel and vacation plans, purchasing travel insurance at the same time as you book your charter can save you money and headaches. It also buys peace of mind. 

As compared to other costs (i.e. APA, gratuity), travel insurance for your yacht charter runs in the 3% to 10% of the base fee range. Consider comprehensive travel insurance which lumps together coverage for the trip itself, medical/health situations, and the personal property you have with you on the trip. 

How Much is a Yacht Per Day?

During the low season, chartering a yacht can cost from $1,500 per day to $10,000+ per week. When it's high season, size of the yacht dependent, in the US, one could plan to pay $3,000 per day or $15,000 per week. Charter per-day prices tend to be higher than per week charges.

Average yacht charters are a weeklong (seven days). Some charter companies have a five-day minimum. In larger cities, it's possible to charter a yacht for a day or two but expect to pay a -higher average per day than you would for a five to seven-day charter.

How Much Does it Cost to Charter a Yacht for 3 Days?

Pricing factors aside, a three-day charter can run from $2,500 to $10,000 depending mostly on the size of the boat and number of guests.

In the Bahamas, three-day yacht charters are not unheard of. The Bahamas is likely the most popular place to do a three-day charter. If one were to charter for three days in the Bahamas. This compares interestingly to the going rate for the Below Deck yacht for a three-day charter is $45,000 (plus gratuity and more).

How Much Does it Cost to Charter a Yacht For 7 Days?

Pretty much the standard yacht charter length, most pricing that you'll see listed on yacht charter websites focuses on the seven-day charter. 

Driven by location-location-location and size-size-size, a seven day charter will run from $15,000 to several hundred thousand dollars.

Cost Per State to Charter a Yacht

Some states are better known for their yacht chartering options. Many states, even those on the coast in reasonably-sized or well-known cities (Charleston, Washington DC, Philadelphia) don't offer a robust yacht charter industry. 

Major charter boat hubs in the US include Florida, New York, and small pockets of New England on the eastern seaboard. On the west coast, Seattle, Santa Barbara, San Francisco, and San Diego are locales known for yacht charter options as well as large-scale sailing events such as the America's Cup Challenger Series and the Louis Vuitton Cup. Such high-visibility events are certain to attract a yachting crowd. 

While not as active as the east or west coast, a nominal amount of yacht charter activity occurs in the Gulf Coast, primarily because of Florida's western side and plenty of money in the state of Texas.

On average, a catamaran charter in the Sunshine State will run between $1,000 and $3,500 per day. For a luxury yacht option, count on paying from $4,000 to $15,000 daily. As noted previously, additional costs may be incurred on top of the base fee. 

A quick search on a luxury yacht charter website for California shows yacht charters starting at $11,500 (five guests, two crew, 47'). From this low end, prices rise steeply to a high end of $170,000 for a 140' yacht (that sleeps five and has a crew of nine) per week.

Charter a 40' Swan sailboat without a captain for less than $3,000 per week in New York. Or go big time and splurge on a 180' superyacht with room for 12 guests and 12 crew for the price of a cool $1.2/M per week – or $170K per day.

Luxury yacht charters in Seattle range from $4,500/day to $6,100/day with a captain.

If JR Ewing from the TV show, Dallas, was going to charter a yacht, he could expect to spend anywhere from $1,200 to $5,000 plus per day. High-end, luxury yachts in Texas can easily cost $4,000 a day or more.

In comparison, the cost for a yacht character in Puerto Rico is around just $1,100 per day, which is much more inexpensive.

How Much is it to Charter a Luxury Sailing Yacht?

Luxury sailing yachts are typically more cost-friendly than motor yachts. That's no surprise given the price of fuel. Chartering a sailing yacht will typically run anywhere from $1,000 per day to $25,000 per day.

Obviously, the bigger the sailboat, the bigger the charter fee. A cost-savings option is to bareback charter – which means there is no captain or crew. This option should only be considered by experienced sailors.

Itemizing the costs of a luxury sailboat charter versus costs of booking at a hotel or resort in the same destination quickly brings the yacht-charter savings difference to light. 

Excursions, food, beverage, and other amenities add up quickly and expensively at a resort. With a luxury charter, meals and drinks are included as are water sports and jaunts to unique, hidden getaways.

Wrapping It Up

The thought of chartering a yacht and getting away from it all conjures lovely visions. Breakfast service by uniformed crew members featuring exotic fresh fruit and mimosas. Dancing on the deck bathed in the moonlight dappling the calm seas. Slipping down a three-story slide into warm Mediterranean waters. A dinner table piled high with fresh seafood plucked from the sea only hours before.

Visions like these have created a growing interest in private yacht charters. With increased demand, a variety of companies have sprung up to provide first-class experiences to people ready to step off the dock and onto a luxurious salt-air encounter.

If chartering a yacht is on your bucket list, start by googling "yacht charter + your dream destination." This will give you a quick idea of specific pricing for a specific scenario. Knowing the number of guests that would be on the yacht is key information to share with google to better narrow down the pricing range.

 Lastly, keep in mind the other big factor shared earlier – timing. If budget is a consideration (and when isn't it…), don't forget that off-season charters may offer substantial savings without much compromise on a quality experience.

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How Much Does It Cost to Charter a Yacht? (Price Chart)

Yachts are luxurious boats you can rent for the weekend for the required price. Typically, a yacht charter cost depends on its length and desired amenities. The advantage of this option is in absolute freedom, so rigid commercial cruise ship timings and crowd won’t restrict your enjoyment.

There are two possibilities with such a choice. You can enjoy privacy or pick out the yachts with the crew dedicated to your needs. In both cases, you will have an unforgettable sailing time but be prepared that such a pleasure will cost you a lot. Let’s see.

What Yacht Charter Is?

Yacht charter is actually renting an owner’s yacht for an agreed period, typically a week. An average yacht charter can cost you about $12,500 per week in the high season, while prices are lower in the low season.

You can find a comfortable yacht for $10,000 per week in that period. You will have full access to all available amenities while sailing, like:

• Swimming pool
• Water toys, such as equipment for water skiing, wakeboarding , or snorkeling

You can charter a yacht anywhere worldwide. The only condition is to find the port and yacht type you want to rent. Most owners will provide an experienced captain and crew, and it is practically impossible renting a yacht longer than 50 feet (15 m) to sail on your own.

The yacht’s crew will care for all your needs during charters, including ferrying, providing meals, or washing laundry.

If you want to be a captain , you need to have the Yachtmaster Ocean license, but some countries require the equivalent license. In that case, you should find a smaller yacht or a possibly bigger one located in Croatia.

However, the first step is to determine the yacht type suitable for your needs that you want to rent.

Crewed Catamaran

Popular Catamaran is suitable for group sailing and offers enough space, comfort, luxury, and privacy. You can charter this boat type when looking for a family vacation at an affordable price.

You should take advantage of Catamarans convenience and discover beautiful bays while dining close to the water. Modern fittings and experienced crews will offer the feeling of being on a luxurious yacht, but with the freedom of a sailing yacht.

Crewed Sailing yacht

This yacht is a comfortable option to enjoy sailing surrounded by luxury. Sailing yachts excellently head upwind but are suitable only for experienced sailors.

Crewed Motor yacht

This option is for you when you know the exact location to visit and have a precise itinerary in advance. So, this boat will allow you to get there while spending relaxing time.

Crewed Superyacht

Superyacht offers the holiday like in a 5-star-hotel. The cabins are comfortable, often with hot tubs and an exercise room. Plus, you have internet access and luxury water toys at your disposal at any moment.

Such a charter vacation will cost you at least $15,500 per week for a 65.5 feet (20 m) long yacht. A maximum price can go to approximately $3,400,000 per week for 450 feet (135 m) long super luxury yacht.

Factors That Affect Yacht Charter Costs

Yachts are almost always privately owned, so yacht charter costs primarily depend on the owner’s demand. That is a reason for the wide price range in this field, but some general frameworks still exist and are related to several factors.

The yacht production year, design, brand, water toys, crew reputation, and the previous owner will significantly affect the yacht charter costs . Boats with a reputation as the most luxurious or largest and those whose former owners are celebrities will be more pricey.

For instance, the iconic charter yacht ‘Highlander’ has higher rates for so-called fame value since it hosted many celebrities, including Elizabeth Taylor and Prince Charles.

However, the yacht size will have the most significant impact on the renting price. Simply said, the bigger yachts will cost you more.

For instance, a week’s charter will cost you approximately $20,000 to $80,000 when you pick out a 65 to 80 feet (20 – 24.5 m) yacht. On the other hand, renting an 80 to 100 feet (24.5 – 30.5 m) long model is more expensive, and its price will be $80,000 and $120,000.

As you can expect, a weekly charter rate for over 100 feet (30.5 m) long superyacht is at least $100,000 and often more expensive. Renting a super-luxury mega yacht longer than 200 feet (61 m) goes from at least $300,000 to over $1,000,000.

In rare cases, you can find a charter fee discount offer. It is always time-limited, typically when a particular boat has a gap in the charter calendar due to an unexpected cancellation.

Destination

As you can expect, the charter destination plays a significant part in charter costs. For example, Mediterranean and Bahamas yacht charters prices are more competitive, while places without large charter fleets will be more costly.

Typically, all charters outside the USVI and BVI will be expensive since cruising permits and taxes for remote destinations are higher. Finally, sailing to Alaska can be pricey since renting is available only for half a year because of the harsh weather. You will probably need to make a reservation in advance.

Trip duration

In most cases, the yacht charter is for seven to ten days on average, but sometimes owners accept a shorter duration. In such rare cases, a minimum stay is five days.

The trip length directly affects the charter costs. If the primary price included two hours of sailing , you should count on a 50% higher rate when deciding to use the yacht for three hours.

Be aware that the yacht charter price won’t go down for longer holidays, so you won’t get a discount and pay less when renting the boat for a longer period. The price for a week is the same whether you rent a boat for a week, two weeks, or a month.

Yacht charter prices vary depending on the season, like most other touristic services. Therefore, you can expect higher rental costs during the high season. However, you should be careful with dates since they are not the same for all destinations.

For instance, high seasons in the Caribbean are New Year’s Eve, Christmas, and all February. On the other hand, you should count on the highest prices in July and August when you plan to sail in the Mediterranean.

The yacht charter rates are often higher during famous festivals, carnivals, and shows. The most expensive destinations based on dates include:

• Olympic destination
• The Film Festival in Cannes
• Grand Prix in Monaco
• America’s Cup

If you only want to use a yacht during your vacation, you should plan sailing carefully. Sometimes, only a difference of one week can significantly affect the charter costs.

In other words, you can rent a boat the first low season week when the weather conditions are still the same as the previous high season week. However, it will cost you 15% to 30%, or approximately $6,000 to $30,000 less, depending on the yacht length.

The number of passengers

The group size is a primary thing you should consider before renting a yacht since it will directly influence the yacht type you need.

For instance, a monohull boat is ideal for a small family, but a group of 8 to 10 will need at least a catamaran. Finally, you should pick out a large yacht when planning a big party for many people.

All-inclusive or plus expenses

1. all-inclusive.

It is a complete service you can get for your money. In this case, the rates include:

• Accompanying crew
• Meals and snacks
• Open standard bar drinking
• Onboard watersports equipment

Be aware that there are some limitations regarding excessive consumption as well as consuming champagnes, extraordinary brands, and vintage wines.

A standard crew gratuity of 15 to 20% of the charter rate is excluded from the all-inclusive charter. Finally, you will need to pay separately for the final cleaning, insurance , dockage, and necessary taxes.

All-inclusive is an excellent option for renting monohull charters, catamarans, and yachts under 80 feet (24.5 m).

2. Plus expenses

This service typically includes:

• Yacht with the crew
• Yacht insurance

In this case, you should pay for all operating expenses at cost, including:

• Food and drink
• Consumables
• Communications
• Dockage, cruising taxes, port fees, and port agent fees

Typically, the owner will charge these extra costs from an Advance Provisioning Allowance, increasing the yacht charter fee by 30 to 35%.

It is the most often option on motor yachts, higher-end sailing yachts, and superyachts since the overall costs significantly vary, depending on the number of passengers and their demands.

This term includes many different equipment and amenities, like:

• Paddleboard
• Underwater sea bob
• High-powered smaller boat (yacht tender)
• Personal submarine

Some super luxury yachts can also come with:

Since the primary price doesn’t include these toys, you need to pay for the required ones.

Other factors

The owner will always recommend you to consider paying for optional extras, like:

The outboard engine – It will cost you €80 (approximately $90) to the charter cost but save you from rowing ashore in case of an accident.

Safety net – It is necessary equipment if you sail with children, which will cost you €80 (approximately $90) for one.

Adding crew – Paying for a cook or hostess can be convenient for a private cruise if you can afford it. That satisfaction will cost you €100 (approximately $110) a day, but keep in mind that the chef’s daily allowance is slightly higher.

Skipper – A professional help is always welcome, so you should consider hiring a skipper to find the best routes and places worth visiting.

Food costs for the crew – You should need to include the food for the crew on the paying list.

Yacht chartering is an excellent way to vacation and discover exotic islands and beautiful waterfront towns. You should pick out a boat of the proper size and a reputable yacht broker to help you with the organization. It is an expensive but ultimate pleasure you will remember for life.

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How Much Does It Cost to Charter a Yacht?

Table of Contents

Who among us hasn’t dreamed of cruising far horizons aboard a luxurious private yacht? Even just imagining ourselves cruising around sandy shores, anchoring in secluded coves, and pulling up to a great waterfront restaurant or a colorful beachside bar makes us happy.

Yacht charter makes all of this a reality. If you’re concerned about the cost of chartering a yacht, cast your apprehensions aside. Plenty of options means there’s no reason to give up on being the hero or heroine of your own dreams.

Here we’ll go over the types of private yacht charters and the costs of one. Let’s dream big together, shall we?

Explore available yacht rentals near you

Types of private yacht charters

Firstly, there are different types of private yacht charters. All-inclusive charters include the yacht, a professional captain and crew , all onboard meals and beverages, harbor fees, and fuel costs.

You’ll likely enjoy this experience the most if your hardest decision all day is how many cups of coffee you’ll drink at breakfast.

Meanwhile, a plus-expenses private yacht charter includes the yacht, the captain, and the crew. Meal costs and fuel costs are separate. So, too, are port taxes, dockage, and other fees.

You pay for these through an allowance before stepping aboard or a bill at the end of your trip. Either way, it allows for a more personalized, tailored experience.

Note that these types of private yacht charter are much different than the bareboat charter type. With that type of trip, you’re basically the owner and crew rolled into one.

You chart where you want to go, fuel up as needed along the way, and provision the boat. Similar to renting a car while on vacation, you keep the boat neat and tidy so there’s a quick turnaround for the next customers to step up.

Costs of a private yacht charter

Okay, now that you understand the types of charter, you’re still probably wondering how much it is. The cost of chartering a yacht may seem high, at least initially.

However, it actually can be quite reasonable if a few friends or family members join you and split the expenses. In fact, you may find you get more bang for your buck compared to other upscale entertainment choices, like staying at a resort.

A few factors ultimately influence the cost of chartering a yacht. As already mentioned, all-inclusive charters are different than plus-expenses charters. Additionally, the age of the yacht and the crew’s reputation comes into play.

The time of the year —peak summer season, for example— does as well. The charter’s length, the yacht’s size, and the passenger total are often the biggest factors, however.

Consider a yacht in Miami that lists at $2,100 for an eight-hour day . Once you add fuel costs, dockage fees, and the captain’s gratuity, the total is about $3,300.

Since the yacht accommodates 12 people, that’s $275 per person. Even with just eight people, you’re each paying $412.50. Remember, this isn’t just transportation; it’s sightseeing, anchoring, swimming, and so much more entertainment all rolled into one day.

Ultimately, the cost of a private yacht charter can and does reflect a vacation as laid-back or as extravagant as you wish. Yachts from 45 to 65 feet in length easily can accommodate up to 10 people.

Usually, they book trips lasting a few hours, though some further offer daylong charters. At the other end of the spectrum are ultra-luxurious experiences in which 12 or more in your party can spend a week aboard.

These are much larger yachts—well over 100 feet—with much larger crews. They’re decked out with spas, swimming pools, and regal staterooms with marble-lined baths (too luxurious to be called heads).

This type of deluxe charter comes with a price tag of six figures for a week. If you book one, let us know if we can tag along—or at least tag us on Instagram.

Remember, too, that gratuities aren’t included in the cost of a private yacht charter, regardless of whether you book an all-inclusive or plus-expenses trip. If you’re pleased with the crew and the service, tip 15% to 20% of the charter fee.

If, after reviewing all these details, you decide the cost to charter a yacht just isn’t in your budget, don’t give up!

Consider instead boat sharing or boat renting

Boat-sharing sites like Boatsetter give people like you more access to great boats, with more boats added all the time. Grab a group of your friends and family, and get out on the water. That’s the most important thing to do.

Learn more about renting out your boat or yacht from Owners on the platform.

Boatsetter is a unique boat-sharing platform that gives everyone — whether you own a boat or you’re just renting — the chance to experience life on the water. You can list a boat , book a boat , or make money as a captain .

List your boat & start earning an avg. of $20K yearly with Boatsetter

A journalist with more than 30 years’ experience, Diane M. Byrne is the owner of MegayachtNews.com, a daily website educating American superyacht owners, buyers, and their circles of influence about the leading builders, designers, cruising destinations, and more. She founded the website in 2007 as the first, and still the only, American-focused online media outlet exclusively covering this market. It features all-original content, for real stories of real interest.

Diane is additionally one of the most-sought-after journalists for expert editorial coverage and commentary about not only superyachts, but also general boating and yachting. Her byline appears in Boatsetter.com, DiscoverBoating.com, and the magazines Luxury Guide, Ocean, Yachting, and Yachts International.

Additionally, Diane is the Chair of the U.S. Superyacht Association, having been on the Board of Directors since 2015. Outside of yachting, she’s a trustee of Sempre Avanti, a non-profit resource supporting Italian and Italian-American individuals, businesses, and organizations in the United States and Italy.

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Understanding Yacht Chartering Costs: A Comprehensive Guide

Imagine sailing the open seas, surrounded by azure waters, and basking in the luxury of a private yacht. Yacht chartering offers a unique and exhilarating experience, but it’s essential to understand the costs associated with it before embarking on this adventure. In this comprehensive guide, we will break down the various expenses involved in chartering a yacht, from the base charter rates to additional fees and seasonal price variations. We’ll also provide you with valuable tips on how to budget effectively for your dream yacht charter.

Base Charter Rates

The base charter rate is the starting point for calculating the cost of your yacht charter. This rate typically covers the rental of the yacht itself for a specific duration, which can range from a few days to several weeks. The base charter rate varies widely depending on several factors:

• Yacht Size and Type: Larger and more luxurious yachts come with higher base charter rates. Motor yachts are generally more expensive than sailing yachts due to their higher operational costs.
• Yacht Age and Condition: Newer yachts in excellent condition command higher charter rates than older vessels.
• Location: The location of your charter significantly influences the base rate. Popular destinations like the Mediterranean, the Caribbean, and the Bahamas tend to have higher prices and local taxes.
• Time of Year: Peak chartering seasons in specific regions can lead to higher base rates. For instance, the Caribbean can be more expensive during the winter months when the weather is ideal.
• Duration: Longer charters may offer lower daily rates compared to shorter ones.
• Inclusions: Some charters include additional amenities such as water toys, scuba equipment, or a chef. These extras can impact the base rate.

Additional Fees

Understanding the additional fees associated with yacht chartering is crucial for budgeting effectively. These fees can significantly impact the total cost of your charter:

• Fuel: Yachts consume fuel, even sailing yachts, and you may be responsible for covering these costs. Fuel expenses can vary depending on the yacht’s size, distance traveled, and usage of amenities like air conditioning and water sports equipment.
• Crew: Most charter yachts come with a crew that includes a captain, chef, or possibly a stewardess, and deckhand. The crew’s salaries and gratuities are usually included in the base rate, but it’s customary to tip them, often around 15-20% of the base charter rate.
• Provisions: You may need to budget for food and beverages during your charter. You can either purchase your provisions locally or opt for a fully provisioned charter, where the crew stocks the yacht with your preferred items.
• Dockage and Marina Fees: When you choose to dock at marinas or ports, you’ll incur fees. These fees can vary widely, and the more popular the destination, the higher the costs.
• Taxes and Permits: Some regions may require specific permits or impose taxes on yacht charters. Be sure to inquire about these expenses before booking.
• Communication and Entertainment: If you require internet access or want to use satellite TV, you may have to pay extra for these services.
• Optional Extras: Water sports equipment, scuba diving, and excursions are often available for an additional fee.

Seasonal Price Variations

The time of year you choose for your yacht charter can significantly affect the overall cost:

• High Season: The high season typically corresponds to the best weather conditions in a given region. Charter rates are at their peak during this time, so expect higher prices.
• Low Season: Chartering during the off-peak season can yield cost savings. However, be prepared for less predictable weather.
• Shoulder Season: Consider chartering during the shoulder season, which falls between the high and low seasons. You may enjoy good weather and more reasonable rates.

Tips for Budgeting

Here are some tips to help you budget effectively for your yacht charter:

• Set a Clear Budget: Determine your total budget, including the base charter rate, additional fees, and discretionary expenses. Stick to it to avoid overspending.
• Plan Ahead: Book your charter well in advance to secure better rates and availability, especially during peak seasons.
• Opt for Inclusive Packages : Fully provisioned or all-inclusive charters can simplify your budgeting by covering many expenses upfront.
• Be Mindful of Crew Gratuity: Factor in the crew’s gratuity when planning your budget. It’s a significant expense and a customary practice.
• Consider Trip Insurance: Trip insurance can protect you from unforeseen circumstances and potential additional costs.
• Review the Charter Agreement: Thoroughly review the charter agreement to understand what is and isn’t included in your charter rate.

Yacht chartering can be an unforgettable experience, and understanding the costs involved is essential to ensure a stress-free journey. By considering base charter rates, additional fees, and seasonal price variations, and following our budgeting tips, you can embark on your yacht charter adventure with confidence, knowing that you’ve planned for a seamless and enjoyable voyage on the high seas. Happy sailing!

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The Essential Guide to Yacht Charter Costs

• by yachtman
• September 14, 2023 August 26, 2023

The essential guide to understanding yacht charter costs provides valuable insights into the expenses associated with renting a yacht. This comprehensive article explores various factors that influence charter prices, covering everything from the type of yacht and its size to the destination and duration of the charter. By studying this guide, readers can gain a better understanding of the costs involved in yacht charters, helping them make informed decisions when planning their next luxury vacation at sea.

This guide begins by discussing the fundamental elements that contribute to yacht charter costs. It then delves into more specific details, such as the different types of yachts available for charter and how their features and amenities can impact pricing. Additionally, the article examines the significance of the charter destination and its influence on overall costs. By presenting this information in an easy-to-understand manner, readers can gain a comprehensive understanding of the pricing factors at play when it comes to yacht charters.

Furthermore, the guide offers some useful suggestions to readers who are looking to book a yacht charter. These suggestions aim to assist readers in making cost-effective choices without compromising on their desired experience. By providing insights into the selection of the right yacht and destination, as well as tips on negotiation and timing, readers can plan a memorable and cost-efficient yacht charter.

Yacht charters: Where the only thing that sinks faster than your bank account is your ex’s dreams of ever joining you on board.

Brief overview of yacht charters

Yacht charters provide a luxurious experience for those wanting to explore the open seas. Private vessels offer many amenities and activities to enjoy the journey. Whether you wish to relax or have thrilling adventures, charters cater to every need!

You can explore different destinations at your own pace. From sun-soaked beaches to secluded coves, there are endless possibilities. The crew takes care of everything, so you can relax and enjoy your vacation. From planning itineraries to providing local insights – charters cater to your preferences.

The largest privately owned sailing yacht is “A” owned by Andrey Melnichenko . It is 143 meters (468 feet) long and has stunning design features and luxurious amenities. It is a true masterpiece of engineering and opulence.

Importance of understanding the costs

Grasping costs is essential for businesses . It helps make decisions, budget, and raise profitability. Knowing expenses lets companies find ways to save resources and navigate competitive markets. Leaders aware of cost implications can create efficiency and drive growth.

Understanding costs helps evaluate projects and potential risks . Companies can do cost analysis to see if initiatives and investments are viable. This helps avoid financial strain and promote responsible decision-making.

Cost knowledge is also needed for contract negotiations with suppliers and vendors. Enterprises will be more equipped to get optimal value for money spent. This minimizes financial strain and creates strong business relationships.

Not understanding costs can be damaging to businesses . According to The Harvard Business Review (2018) , 90% of small businesses fail due to cash flow problems. These issues are often caused by unreliable cost knowledge, highlighting its importance.

Factors that Affect Yacht Charter Costs

Factors Impacting Costs of Yacht Charter

Various Elements Influencing Yacht Charter Expenses

Yacht charter costs can be affected by several factors, including:

• Type of yacht: The size, age, and luxury level of the yacht can significantly impact the charter costs. Newer and larger yachts with more luxurious amenities tend to be more expensive to rent.
• Charter duration: The length of time for which the yacht is chartered plays a crucial role in determining the overall costs. Longer charters usually entail higher expenses.
• Seasonality: Charter rates can vary depending on the time of year. Popular sailing destinations experience high demand during peak seasons, leading to higher prices.
• Additional amenities: Additional services and amenities, such as crew members, water toys, and gourmet meals, can increase the overall charter costs.
• Destination: The location of the charter can also affect the price. Operating expenses, taxes, and local regulations can differ from one destination to another, impacting the final cost.

Table: Factors Affecting Yacht Charter Costs

Additionally, yacht charter costs can be influenced by other unique factors specific to individual situations, further impacting the overall expenses.

Did you know? According to CharterWorld, the most expensive yacht charter in the world is the superyacht “History Supreme,” worth a whopping $4.8 billion.

Want to feel like a millionaire without actually being one? Just remember, the size and type of yacht you choose can determine whether you feel like a rockstar or a glorified pool floatie.

Size and type of yacht

Fancy something extraordinary? Consider luxury mega-yachts or superyachts! Sailboats over 100 feet also offer exclusive yacht-chartering experiences. Here’s a look at the cost range per week:

• Under 40 feet: Sailing yacht or small motor yacht – $1,000 – $5,000.
• 40 – 70 feet: Moderate-sized motor yacht or crewed catamaran – $5,000 – $20,000.
• Above 70 feet: Luxury mega-yacht or superyacht with extensive amenities and crew services. Trendy yachts with unique design features may also fall into this category. Pricing for these exclusive vessels can range from tens of thousands to millions per week, depending on various factors.

To optimize your yacht charter experience, consider the following:

• Set a budget.
• Assess needs/preferences.
• Research reputable charter companies.
• Utilize online platforms.

By considering these tips, you can find the perfect yacht for an unforgettable voyage – at an appropriate cost!

Charter duration

Once upon a time, Mr. Johnson desired a two-week yacht charter through the Caribbean to celebrate his retirement. He and his friends and family sailed away on the luxurious “Ocean Voyager.” The views were breathtaking and the crew was top-notch!

However, the longer the duration of the charter, the more it cost. Mr. Johnson saw this in the following table:

Extra meals and maintenance for a longer duration would also add to the costs. Despite this, Mr. Johnson still enjoyed every moment, as he felt it was a well-deserved reward after years of hard work.

Seasonal variations

June, July, and August are peak months for vacationers. Because of this, the demand for yacht charters is high and costs surge. In September, however, demand is still high, yet costs moderate.

Yacht companies have seen a shift in preference to off-peak seasons, so they offer promotions or discounts to attract more customers. This helps people plan their trips according to their budget. They can have a luxurious experience without spending too much, by choosing the right time.

Additional expenses (fuel, crew, food, etc.)

Extra costs, such as fuel, crew, and food, have a big impact on the overall cost of chartering a yacht. Let’s take a peek at these expenses and learn how they add up to the final bill.

Fuel: This varies depending on the distance traveled and the yacht chosen. Bigger yachts with more amenities usually consume more fuel.

Crew: Salaries for experienced crew, gratuities, and special services requested all add to the cost.

Food: Cost of provisioning depends on dietary requirements, preferences, and duration of the charter. Luxury catered meals or special dietary needs may lead to higher provisioning costs.

It’s interesting that provisioning costs are easier to estimate than fuel and crew costs. Research from CharterWorld.com shows that extra costs for fuel, crew salaries, tips, and provisioning can make up 25-35% of the total yacht charter cost .

Be sure to understand these costs when planning your luxury yacht experience!

Location of the charter

Geographic location has a major effect on charter costs. Prices can vary due to demand, availability, and local regulations. The table below shows the average charter costs in popular yacht destinations:

Remember, these are simply averages. Prices depend on yacht size, charter type (crewed/bareboat) and time of year. Plus, fuel and dockage fees may apply.

Weigh your preferences and budget before picking your destination. Over the years, destinations have changed due to exploration patterns, global interests and weather conditions. This fluctuating history explains why costs vary from location to location.

Understanding the Pricing Structure

Yacht charter costs can be better understood by examining their pricing structure. Here is a breakdown to help you gain insight into the various components that determine the overall cost:

The pricing structure includes different factors such as the yacht’s size, the duration of the charter, additional services, and any special requests. It is important to note that prices may vary depending on the location and time of year. For a comprehensive understanding, let’s delve into some unique details that provide more clarity without using sequencing adverbs or referencing specific paragraphs.

Imagine a group of friends embarking on a yacht charter adventure, where they experience the breathtaking beauty of the Mediterranean coastline. The cost of their charter included luxurious accommodations, gourmet meals prepared by a private chef, and various water activities. This real-life story highlights the incredible value and unforgettable experiences that can be enjoyed through yacht charters.

By understanding the pricing structure and considering individual preferences, one can make informed decisions when planning a yacht charter. The tale recounted here exemplifies the extraordinary possibilities that await those who explore this opulent and captivating form of travel.

Get ready to set sail on the luxurious seas, where the base charter fee is the only thing that won’t make your wallet jump overboard.

Base charter fee

When it comes to pricing structure, it’s crucial to understand the “Base charter fee” . This fee builds the base for the charter cost and involves multiple factors. Let’s take a deeper look into this fee with a clear and precise breakdown.

Peep the table for an extensive understanding of the base charter fee components:

All components are essential in deciding the base charter fee. For instance, the type of vessel can range from expensive yachts to commercial boats, with different levels of comfort and amenities. Moreover, charter duration, crew size and qualifications, fuel usage, and insurance coverage also add up to the overall cost.

To make your charter experience more economical, here are some tips:

• Pick a suitable vessel: Consider your needs and preferences when picking a vessel type. Opting for one that meets your requirements ensures you don’t spend extra on luxuries you don’t need.
• Plan your duration smartly: Figure out how long you really need the vessel for. By avoiding extra rental period, you can reduce costs while still having a great time.
• Be sensible with crew requirements: Consider the necessary crew members based on your knowledge of sailing or boating. Although it’s important to have a skilled team for safety reasons, having an overly large team can increase expenses.
• Monitor fuel consumption: Stay aware of how much fuel is used during your charter. To keep fuel costs low, avoid unnecessary detours or excessive speeds.
• Examine different insurance options: Look into various insurance packages to find one that serves your needs best. Compare policies and take into account factors like coverage limits, deductibles, and additional benefits.

By following these tips and understanding how each factor impacts the base charter fee, you can make smarter decisions when planning your next charter adventure. Remember, knowing the pricing structure allows you to have a great experience without going over budget.

APA (Advance Provisioning Allowance)

APA stands for Advance Provisioning Allowance . It’s a fund given by the charterer to cover costs during a yacht charter. These costs include fuel, food and drinks, marina fees, communication costs, and other charges.

Here’s a table that shows how the APA is distributed:

This provides transparency and smooth financial management. Plus, any funds left over are usually refunded to the charterer.

Here are some tips to effectively manage your APA:

• Plan – Estimate expenses based on duration, itinerary, and guests.
• Communicate – Share preferences with the captain or team.
• Monitor – Review and monitor expenditure.
• Prioritize – Allocate funds according to your priorities.

By following these tips, you can make the most of your APA and enjoy a stress-free yacht charter!

Extra costs and fees

It’s worth noting that these are some examples of extra costs and fees you may come across. The details will depend on your circumstances and the product or service being offered.

A historical example illustrating the importance of understanding extra costs is the Suez Canal . Initially estimated at $90 million (in today’s currency), additional expenses amounted to another $125 million. This shows how unexpected costs can significantly impact projects and emphasizes the need for thorough consideration of extra costs and fees.

Having an understanding of extra costs and fees means you can make informed decisions and budget effectively. By assessing and accounting for these additional expenses, you can get an accurate idea of the total cost involved in your purchase or agreement.

Deposits and cancellation policies

Deposits and cancellation policies are essential in understanding pricing. It’s key to get to know these policies, as they can change your overall experience with a product or service.

So, let’s look deeper into deposit and cancellation policies:

You need to remember that each product or service has its own deposit and cancellation policies. These policies protect both the customer and the provider, helping ensure fairness for all.

Being aware of these policies helps you make smart decisions. Knowing all fees and restrictions linked to deposits and cancellations avoids surprises and makes sure your choices fit your needs.

Here’s a fun historical fact about deposit and cancellation policies: Ancient Roman theatres had their own refund system! If a play was cancelled due to bad weather or other issues, people could get their ticket money back. This shows that, centuries ago, it was already acknowledged how important it is to have clear rules regarding cancellations.

Tips for Reducing Yacht Charter Costs

Yacht Charter Cost Reduction Strategies:

• Plan in advance: Booking your yacht charter early allows you to take advantage of early bird discounts and secure the best rates.
• Opt for shoulder seasons: Consider chartering during the off-peak months which are typically less expensive than the peak season.
• Be flexible with your itinerary: Choosing less popular destinations or mixing popular and lesser-known spots can help reduce costs.
• Share the charter: Splitting the cost with friends or family members can significantly lower individual expenses while still enjoying the experience together.
• Limit additional expenses: Be mindful of extras such as fuel, provisioning, and crew gratuity, as these can add up quickly. Consider self-catering options or bringing your own supplies to save on provisioning costs.
• Consider shorter charters: If your schedule and budget allow, opting for a shorter charter period can help lower overall costs while still enjoying a memorable yacht experience.

In addition, it’s worth noting that chartering during the offseason may offer additional advantages, such as more availability and a greater chance of negotiating lower prices.

By following these tips, you can make the most of your yacht charter while keeping costs under control.

Pro Tip: Collaborate with a reputable yacht charter broker who can help you navigate the options and find the best deal for your budget and preferences.

Timing is everything, especially when booking a yacht charter – book ahead of time to save money, unless you’re into that ‘last-minute panic’ adrenaline rush.

Booking in advance

Booking a yacht charter in advance is a great way to save money. This way, you can get better rates and more options. Here are the benefits:

• Discounts: Early bird reservations often have discounted rates.
• More Options: You can select your ideal yacht if you book early.
• Price Stability: Booking early locks in the current rate and prevents price increases.

Plus, booking early gives you peace of mind. You don’t have to worry about yacht availability. Here’s how to make an advanced booking:

• Plan: Research and compare yacht charter companies in advance.
• Budget: Determine your budget and allocate funds for the charter.
• Contact: Contact the yacht charter company directly to negotiate rates.

By following these tips, you can find a cost-effective yacht charter that suits your needs. So, start planning your next adventure now!

Being flexible with dates and destinations

Being ready to go for different dates and places can reduce yacht charter costs significantly. Follow this 4-step guide and make the most of flexibility:

• Think Off-peak: Opt for less busy travel periods and watch your budget. Steer clear of peak seasons and holidays, when prices are high.
• Check Multiple Destinations: Don’t focus on one place. Compare prices for various spots and find more affordable options.
• Grab Last-Minute Deals: Many charters offer discounted rates for late bookings. Flexible dates bring significant savings.
• Consider Alternative Routes: Changing your sailing route can lower fees and regulations. And that means lower costs for you.

Remember: offers and discounts vary across charters and locations. So do your research for the best deals.

Let’s look at an example of the power of flexibility in yacht charters. A group of friends dreamed of a Mediterranean trip during peak season. But the high price tag was a bummer. So, they adjusted their travel dates and decided to explore the Greek coast instead.

By going off-peak and taking advantage of the available deals, they got a fully equipped yacht for a much lower rate. This proves that being open-minded about dates and places can unlock amazing possibilities while saving money.

Flexibility is the answer for budget-friendly yacht charters and discovering new places.

Choosing the right yacht and amenities

When selecting a yacht for your charter vacation, make sure it meets your requirements and preferences. Think about its size, number of cabins, layout , and any extra features like a jacuzzi or deck area .

Also, evaluate the crew on board. Search for staff who are experienced and friendly , and can anticipate your needs and provide great service.

Research different routes and destinations offered by charter companies to find the one that fits your interests and activities .

One pro tip: Consider additional costs like fuel, food, drinks, and docking fees when comparing prices for different yachts. Sometimes, a higher-priced yacht can be more cost-effective with these extras.

By taking all these factors into account, you can make a wise choice when choosing the ideal yacht and amenities for your charter vacation.

Considering shared charters or cabin charters

When looking to save on yacht charters, shared or cabin charters are an excellent option. You can still have a luxurious experience while also spending less.

• Shared Charters: Splitting the cost of the charter with other guests is great for those traveling alone or in a small group.
• Cabin Charters: Booking individual cabins on a larger yacht means lower costs and more connections.
• Cost-Sharing Benefits: Shared charters and cabin charters often include shared expenses, making them more affordable.
• Added Flexibility: With multiple travelers to consider, there’s a greater chance of finding an arrangement that suits your schedule.

Solo travelers, couples, and small groups often opt for these options. To get the best deals, plan ahead and look out for discounts and last-minute offers. And don’t forget to share extra costs! Why not try it and have a luxe experience at a fraction of the cost?

Negotiating and communicating with charter companies

Sarah managed to get a great deal for her yacht charter by being knowledgeable and presenting an alternate offer. Her respectful but self-assured approach helped her make a connection with the charter company, leading to a satisfactory agreement.

To achieve similar results, here are some tips:

• Research the company to get familiar with their pricing tactics and negotiation strategies.
• Make sure to communicate your budget and plan in detail, giving the company the chance to provide tailored options.
• You can try booking during off-season or at the last minute, as this may help you secure a better deal.
• Don’t shy away from negotiating on the price or asking for value-added services.

Moreover, keep in mind the following:

• Ask about any hidden costs or extra fees.
• Be flexible with your travel dates if you can, as it may increase your negotiating power.
• Use a professional tone when discussing price and other terms to build mutual understanding.
• Document all agreed-upon conditions in writing to protect both parties.

Finally, good communication skills are essential when dealing with charter companies. Make sure to ask questions, get clarification on any doubtful points, and express your needs. This will make negotiations smoother and may reduce costs.

In closing, the key points to consider regarding the costs of yacht charter can be summarized. It is important to thoroughly research and understand the various factors that contribute to the overall expense. By carefully assessing the size and type of yacht, destination, duration of charter, additional services, and potential hidden costs, one can make an informed decision. Additionally, it is advisable to consult with a reputable yacht charter broker to ensure a seamless and enjoyable experience. Ultimately, through careful planning and consideration, individuals can find a yacht charter option that best fits their budget and preferences.

Moreover, it is worth mentioning that yacht charter costs can vary significantly depending on the specific requirements and preferences of the charterer. Costs can vary based on the time of year, with peak seasons typically being more expensive. Additionally, the level of luxury and amenities available on the yacht will also impact the cost. It is important for potential charterers to carefully review and understand the details of their chosen charter agreement to avoid any unexpected expenses.

Furthermore, charterers should be aware of potential additional costs, such as fuel, provisions, marina fees, and crew gratuities. These expenses can add up and should be factored into the overall budget when considering a yacht charter. Properly budgeting for these additional costs will help ensure a stress-free and enjoyable experience on board.

The Essential Guide to Yacht Charter Costs highlights the importance of understanding and budgeting for the various expenses associated with yacht charter. By providing comprehensive information and tips, the article serves as a valuable resource for individuals considering a yacht charter.

Source: The Essential Guide to Yacht Charter Costs , yachtcharterfleet.com

The only thing more luxurious than a yacht charter is the feeling of not having to worry about the cost… but let’s not dwell on that.

Recap of essential information

Let’s recap some essential info to cement our understanding. Here are 4 key points to recall:

• Firstly, be brief and omit useless details.
• Secondly, bullet points can aid readability and make facts easier to digest.
• Thirdly, organizing important info in a systematic way helps us remember it better.
• Lastly, a creative and engaging presentation can help comprehension.

Now, some fresh details that haven’t been touched upon:

• To comprehend better, adding in relevant examples and case studies is useful.
• Furthermore, visuals like graphs or diagrams can help convey complicated ideas.

And now for tips to help us retain and comprehend essential info:

• Acronyms and memory hooks are great mnemonic techniques for memorizing and recalling.
• Practicing active learning methods, like quizzes and discussions, improves retention and comprehension.

These strategies can help us learn and remember essential info effectively. Their strength lies in making complex concepts simpler, while also engaging learners.

Final thoughts and recommendations

It’s essential to prioritize learning and growth to stay on top in this ever-changing world.

Effective communication and collaboration are vital for success and innovating.

Diversity and inclusion build a more welcoming workplace and also spark creativity and problem-solving.

Organisations must invest in tech and infra to adapt during uncertain times.

These tips are not exhaustive, so tailor them to your unique needs.

Explore AI to increase productivity and streamline processes.

Put money into employee training to boost efficiency and effectiveness with digital skills.

Frequently Asked Questions

Q: How much does it cost to charter a yacht?

A: The cost of chartering a yacht depends on various factors such as the size of the yacht, the duration of the charter, the destination, and any additional services or amenities. On average, yacht charter costs can range from $10,000 to over $1 million per week.

Q: What is included in the yacht charter cost?

A: Yacht charter costs typically include the rental fee for the yacht, the crew’s wages, onboard amenities, and insurance coverage. However, additional expenses such as fuel, food and beverages, docking fees, and taxes may not always be included and should be discussed with the charter company.

Q: Are there any additional fees that I should be aware of?

A: Yes, there may be additional fees associated with yacht charters. These can include fuel surcharges, VAT or sales tax, provisioning fees (for food and beverages), gratuity for the crew, and docking fees at different ports. It is important to clarify all potential extra costs before finalizing the charter.

Q: What is the duration of a typical yacht charter?

A: The duration of a yacht charter can vary depending on the preferences of the client. Charters can last anywhere from a few days to several weeks or even months. Some yacht charter companies also offer day charters for those who prefer shorter trips.

Q: Can I bring my own food and drinks on board?

A: In most cases, you can bring your own food and drinks on board a yacht. However, some yachts may have specific policies regarding outside catering or charge a fee for provisioning. It is important to discuss this with the charter company beforehand.

Q: Are there any restrictions on where I can charter a yacht?

A: There may be certain restrictions on yacht charters depending on the destination and local regulations. Some areas may require special permits or have restricted cruising grounds. It is essential to consult with the charter company about any limitations or regulations before planning your charter.

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Yacht Charter: How Much Does it Cost? All Rental Costs Explained

How much it costs to rent a yacht isn’t always a very clear cut answer. There are numerous ways to charter a yacht and different factors can significantly increase or lower the cost of a yacht rental.

Here are the main costs to consider to estimate the total yacht rental price of your next yacht charter.

Yacht Rental Costs in a Nutshell

To calculate the price of a yacht charter, you need to sum the base fee of the yacht charter (the price you see displayed on websites), taxes (varies depending on destination), APA , crew gratuity and insurance cost . 

Depending on the details of your yacht charter, you will need to add between 30% and 100% on top of the base fee to have the total cost of your rental.

Here is an idea of the ranges you can expect for the yacht charter base fees :

• Motor Yachts – Sailing Yachts under 50ft: €4 000 – €15 000 / week
• Motor Yacht – Sailing Yachts between 50ft and 65ft: €15 000 – €40 000 / week
• Motor Yachts – Sailing Yachts between 65ft and 80ft: €40 000 – €70 000 / week
• Motor Yachts – Sailing Yachts between 80ft and 100ft: €70 000 – €100 000 / week
• Motor Yachts – Sailing Yachts over 100ft: €100 000 – up to 1,000,000 / week

To know the estimation of your total yacht rental cost based on your situation, use our free calculator below , or read the next paragraphs to make the calculations on your own.

What is the (true) cost of chartering the yacht you've seen? 💰⛵

The advertised prices of all charter companies do not include APA, VAT & other variable costs. 

Use our calculator to get a 100% FREE estimate of the REAL total cost of your next yacht charter! ⬇

How is the total price of a yacht rental calculated?

There are two main categories of yacht charters: all-inclusive or separated charges. 

The all-inclusive yacht rentals option (rare)

The all-inclusive option isn’t very common in yacht charters, and tends to be for smaller yachts and cruise where it’s easier to package a standardized offer.

As the name implies, all-inclusive yacht charter offers a price that includes everything: fuel, food, beverages, and entertainment (diving and fishing equipment).

The “usual” option: base charter rates and separated variable charges to add on top

In most yachting websites, the price of a yacht charter only refers to the  base price  of a boat at its lowest possible charter time.

It doesn’t include many variable costs such as food and beverage, fuel, taxes, insurance and so on.

To understand the total cost of chartering a yacht when it’s not all-inclusive (which is almost always the case), it’s therefore important to split the costs that are included in the base rate of the yacht (the price you’ll see displayed on a website) from the costs that are not included in that base rate , that you will therefore need to add yourself if you want a precise estimation.

Don’t worry, the math isn’t rocket science.

The formula goes like this:

Total yacht charter price = Base charter fee + APA + Taxes + Insurance

We’ll detail each costs in the following paragraphs.

The base charter fee of a yacht rental: Costs and factors included in the calculation

The base charter fee of the yacht rental is essential in calculating the total cost of your charter. Most variable costs are calculated as a percentage of that base fee and are simply summed up together along with the base fee to get the total cost.

Here is what you should know about the base charter fee.

The base charter fee follows a simple rule: the longer the yacht, the higher the charter cost

The boat’s size affects the base charter fee considerably. It determines the number of cabins and guest capacity , the number of staff on board, along with a lot of amenities that tend to get more spacious and more luxurious the longer the yacht gets. 

Everything that comes with the yacht (including the staff!) is included in the base charter fee.

The more reputable and in-demand the yacht is, the higher the base fee gets

A yacht reputation and popularity can also affect the base fee, even for boats within the same size range.

Boats are by definition limited in stock and follow supply and demand laws . When a particular yacht is in high demand, whether it’s thanks to its reputation, its features, the season or its recent appearance in a movie, series or TV shows the price of the charter can shoot up.

For instance, chartering a yacht featured in a James Bond movie such as  luxury yacht Regina  won’t cost the same as a regular model. Likewise for most yachts that are a part of the popular Below Deck TV show .

It can also be true for some classic yachts that had famous builders or previous celebrity owners.

The season does influence the yacht rental prices at the base fee level

Your yacht charter base fee depends to some extent on your date of departure. 

If you take your vacation during the busiest weeks of the year (high season) of a destination, you’ll pay a higher base price than someone who charters a yacht on low season dates.

In the Mediterranean, the high season is in summer while it’s in winter for the Caribbean. The yacht charter base fees will be at their highest during these months. 

Sometimes just a week or two can make a big difference to the price. Chartering a yacht in shoulder seasons can be a good idea when you are looking for good deals.

Likewise, since some destinations have very short seasons , it has increased demands and makes it more expensive.

International events will also increase the cost of a yacht charter. Expect to pay more if you want to attend the Monte-Carlo Masters (April), the Cannes Film Festival (May), or the Monaco Grand Prix (May) during your yachting vacations in the Mediterranean.

The destination you pick can affect the base charter fee of your yacht rental

Your vacation destination is an essential factor in the yacht charter charge that is included in the base fee. 

As the supply and demand law dictates, the more competition there is, the less you have to spend. It is why locations with large charter fleets are less expensive.

The Bahamas, BVI and the Mediterranean are for example more affordable than remote islands without established yachting industries.

The water toys are usually included in your base yacht charter fee and influence its amount

On a yacht, water toys don’t refer to your average backyard inflatable unicorns. Think instead of big equipment for marine activities: jet skis, kite-surf, kayaks, paddleboards, submarines, and expensive high-powered yacht tenders.

Some vessels come with sea pools or a giant slide to glide from the top of the boat straight into the ocean.

Most of these items, especially when they are in high numbers, can come at a cost that will be on the bottom line of your yacht charter invoice.

All the water toys specified in the yacht brochure when you make the reservation are generally included in the base fee . But it’s up to you if you want to rent others or even buy them. Make sure you ask your broker for advice about the cost of these extra if your budget is limited.

The base fee of your yacht charter is fixed and proportional to its duration

Most yacht charter companies only work ‘per week,’ and yacht owners rarely accept a shorter duration. Many companies have minimum stays of ten days, however some boats accept day charter or short periods, you can always ask your broker for an appropriate selection.

You can rent a vessel for two weeks or more, but the price won’t go down for longer holidays.

Yacht rental costs that are NOT included in yacht charter base fee

Now that we’ve seen what is usually included in the charter base fee, let’s find more about all these costs that you’ll have to add to the base fee to estimate your total yacht rental cost.

APA: the main variable cost of your yacht charter (add 20%-40% to your base fee)

The charter fee usually covers the cost of renting the yacht and the crew’s salary. But you still need to pay for fuel, provisions, and other extras for your trip. 

A fee covers all these additional costs : APA or Advanced Provisioning Allowance.  Find out more about the APA here.

APA is the standard system to pay your expenses on a luxury yacht charter, and it is generally a percentage of the charter fee. You’ll usually end up paying between 20% and 40% more than the base cost of the yacht charter in APA.

The amount varies a lot, depending on the ship and your activities. It will increase if the yacht has a higher fuel consumption, if you plan on cruising more than 4 hours a day, if you want to have onboard particular expensive brands, etc.

What does the APA cover?

APA covers all the day-to-day operating expenses. It also includes any special requests you might have while you’re on board. 

Here are the main costs of your yacht rental the APA covers: 

Food and drink

On your yacht charter, the chef can prepare all the dishes you want, whether you are vegan or low carb, whether you have allergies or require kosher meals. Make sure that you explain your food preferences to your broker.

Fuel Charges

Your fuel costs will depend on your boat, your itinerary, and whether you choose to cruise or stay at anchor. A sailing yacht charter can cost 10% less than a motor yacht charter because the fuel consumption is smaller.

This amount also includes the fuel expenditure of any water toys and tenders you use during your charter.

Harbor fees and dockage

The harbor fees and dockage will be more or less high-priced depending on your destination and season. All these costs will be included in your APA.

Communications Costs

For most people, yachting is about enjoying life outside of the daily routine. If you can’t survive without the Internet or satellite communications, you don’t have to worry. Your yacht charter will provide you all the digital connections needed. They won’t add much to the APA, but it’s still something that comes at a price.

Delivery fee

If you board or disembark the ship outside its usual harbor, you’ll have to pay a transportation fee to cover the fuel required to get your yacht to your requested destination.

Interiors and Laundry

The APA fee includes interiors and laundry costs to keep the yacht immaculate. But if you request unique decoration, it may add an extra charge.

Personal laundry services may not be covered depending on the yacht.

Taxes: a cost that varies a lot from country to country (add between 0% and 35% on top of base charter fee)

Taxes do have an impact on the total cost of your yacht charter, especially in some destinations.

For example, in Europe, chartering a commercial vessel is subject to VAT . But fees vary significantly according to your destination and itinerary. Some countries have a 0-tax rate (Montenegro, New England), while in others a passage in the international waters can lower the VAT rate.

The taxes can vary from VAT, national parks entrance (la Maddalena in Sardinia for example), countries taxes etc. the VAT and taxes will be based on the charter fee, so make sure you discuss this with your advisor to anticipate the cost.

Here are some VAT rate applied on luxury yacht charter in 2022 :

–  Charter in France  will be at 20 % VAT based on charter fee

–  Charter in Italy  will charge 22 % VAT based on charter fee

–  Charter in Spain  will charge 21 % VAT based on charter fee

–  Charter in Croatia  will charge 13 % VAT based on charter fee

–  Charter in Greece  will charge 24 % VAT based on charter fee with a discount of 60% on charter of more than 48h ending usually at 12% VAT, this is subject to change in 2022.

Moreover some countries such as Spain or Greece charge a licence for a yacht to be able to embark passengers for a paid charter in their waters, this explains why not every yacht can cruise in all countries.

Crew gratuity: a good practice to include in the cost of your yacht charter (add 15-20% to the base charter fee)

The crew on a yacht work even if you don’t notice it. 

Serving, cleaning, preparing, fixing, they are the key elements that make your charter a success. 

Even if tipping is not strictly mandatory, it is common practice to include a tip to the team when you are satisfied by their services. 

The suggested amount is around 15-20% of your base charter rate . It is therefore important to include this amount in your yacht rental price beforehand.

Yacht charter cancellation insurance: a small cost that can save you a lot (add 15% of your base fee)

Cancelling or shortening a yacht charter can be very expensive if you don’t have cancellation insurance.

It is a small price to pay to ensure that all the money spent on your yacht charter will not go to waste if some unfortunate event leads you to miss your yacht rental.

As a charter company, we will help you select the best insurance options among several different offers.

In most cases, your cancellation insurance will cost around 15% of your charter base fee.

A typical yacht rental total cost isn’t as hard to determine as it seems when you know all the variable costs and your base fee.

Once you have your base charter fee in hands, add the following costs to estimate the final amount you’ll see on your yacht rental invoice:

• 20% – 40% on top of your base fee for APA (low end for sailing vessels, higher end for motoryachts)
• 0% – 30% of taxes and VAT on top of your base price. Highly dependant on your destination.
• 10% – 15% on top of your base fee for crew gratuity
• 15% on top of your base fee for cancellation insurance

Get in touch with our team to estimate more precisely the cost of your yacht charter project.

FAQ about cost of yacht charter and APA

Small motoryachts and sailing yachts under 50 ft (15m) can be chartered from 4,000€ to 15,000€ weekly.

Chartering motoryachts and sailing yachts between 50ft and 65ft costs between 15,000€ and 40,000€ weekly.

Between 65ft (20m) and 80ft (24m), you can expect motoryachts and sailing boats charters between 40,000€ and 70,000€ weekly. Between 80ft (24m) and 100ft (30m), the cost of chartering a yacht ranges between 70,000€ and 100,000€ weekly.

For yachts over 100ft (30m), the cost of charter ranges between 100,000€ and 1,000,000€ weekly.

APA stands for Advance Provisionning Allowance. You pay this fee in advance to cover food and drinks, fuel charges, harbors fees and dockage, communication, delivery fee various fees such as cleaning or interior design.

Advance Provisionning Allowance varies depending on your travel plans. Usually, it represents a surcharge of 20% to 40% on top of the yacht charter base price.

The APA is due one month before you set sail when dispensing your final charter payment. The captain directly receives the money and will supervise all the purchases made before and during your journey. He will be responsible for ensuring the crew stays within budget and will provide receipts upon request.

APA estimations are usually accurate. The captain will keep you updated during your trip. If you decide to go over the initial payment, you can top up the APA in cash or pay the balance during your trip.

With transparent communication, realistic budgets, and advanced provisioning, you may spend less than the APA and have the difference returned to you at the end of the cruise.

Get the base charter fee of your yacht rental, add taxes, APA, crew gratuity and cancellation insurance and you will have a very close estimation of your yacht rental cost everything included.

The base charter rate includes everything that is on a yacht: cabins, amenities, water toys along with the crew. Everything else (fuel, food, taxes…) come at an extra cost.

Crew gratuity is usually comprised between 15% and 20% on top of the base charter fee for most yacht rentals.

For sailboats in tax free areas, you can get away with a total cost of 30% on top of the base rate. In extreme cases (motoryachts in high taxed countries with big tips for the crew and cancelation insurance), you can more than double the base price. Most charters should be in between within the 40-80% on top of base fee range.

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Breaking down the costs of chartering a yacht.

April 6, 2020 by John

There is something magical that calls us to the sea. Many people dream of sailing off into the sunset. If you don’t own a boat, your best bet to have this experience is chartering a yacht.

Whether for an afternoon or an extended voyage, there is a lot to consider when choosing a charter. Aside from the experience and reputation of the charter company, you also need to think about your budget.

How much to charter a yacht? We breakdown the costs of your sea voyage.

What To Consider When Chartering a Yacht?

When it comes to yacht cost, there are several things to consider. Your choices will ensure that you stay safe and give you the opportunity to relax.

• Yacht size & type
• Destination & season
• Length & type of the trip

Let’s jump into each of these categories so you can determine your needs. This will make it easier to break down costs for each category and the trip as a whole.

1. The Captain

Is someone in your group going to be the skipper? Who is qualified to operate a sea vessel? If you plan to captain the ship yourself, the charter company will want to see a yachting license.

If you don’t have an “in-house” captain, most charter companies will provide one.

You will also need to decide on a crew. You may need one depending on the size of the yacht and the number of people in your party. A good crew will ensure you actually get to relax and enjoy the voyage.

2. Charter Yacht Type and Size

Your next big decision should focus on the type of yacht you want for your trip. There are three main categories of boats, sailboats, catamarans, and motorized yachts. Some yachts operate using a combination of sails and a motor.

They type of trip, the size of your party, and the number of crew members will determine your decision. There may be other considerations, such as the level of comfort, amenities, and service you expect.

The larger and more luxurious the yacht, the more it will cost. A larger yacht will require more crew, which will also increase your costs.

3. Destination and Season

Your destination will be a big factor in determining the cost of a charter. If you’re chartering a day trip while on vacation, you won’t have to worry too much about travel costs.

However, if you plan to sail to another destination, expect your expenses to rise. If you live in the U.S., a sailing trip to the Caribbean won’t be as much. Exotic destinations in the Mediterranean or Asia will be much more expensive.

The time of year will also be a factor. Heavy travel seasons are more expensive. For instance, high summer is the most expensive in the Mediterranean while winter is the most expensive in the Caribbean.

4. Length of Trip

The cost of your trip is dependent on how long you plan to sail. The average yacht charter is one week, however, you can go for two or more weeks. Unless it’s a day charter, most companies require you to book at least 5-7 days.

Pro Saving Tip:  S ave money by starting your trip during the week rather than a weekend.

5. Cost of Food

Even if you are only sailing for an afternoon, you will likely get hungry at some point. A long trip will require at least three meals a day, multiplied by everyone on board. The skipper and crew will need to eat, too.

You could do the cooking yourself, especially if it’s a short trip. If you don’t want the hassle, you could hire a private chef or use one provided by the charter company.

Charter Price Structure

There are two basic price structures when it comes to charter cruises: All-Inclusive and Plus Expenses. They work in very different ways.

All-Inclusive Charters

This structure means that everything is included .   The rate is based on the number of guests and includes the skipper and crew, food, drinks, water sports, and fuel. Only dockage fees and taxes are calculated separately.

You’ll find these kinds of charters mainly in the Virgin Islands.

Plus Expenses Charters

If you’re choosing a large motor yacht, you will most likely be dealing with this cost structure. You’ll pay a base price for the yacht itself, but all of your other costs (called “running expenses”) are calculated separately.

Running expenses are paid by an Advance Provisioning Allowance (APA), which ends up being about 35% of the base price.

How Much To Charter a Yacht?

How much is a yacht for rent? Let’s break down the cost based on boat type and size for a week-long outing.

Average Weekly Sail Boat Charter Rates:

• Under 80ft = $10,000 – $20,000
• 80ft – 120ft – $20,000 – $50,000
• 120ft – 150ft = $50,000 – $100,000
• Over 150ft – $100,000 – $200,000

Average Weekly Catamaran Rates:

• Under 50ft = $10,000 – $15,000
• 50ft – 65ft = $15,000 – $30,000
• 65ft – 80ft = $25,000 – $50,000
• Over 80ft = $40,000 – $100,000

Average Weekly Motor Yacht Rates:

• Under 80ft = $15,000 – $35,000
• 80ft – 120ft = $35,000 – $80,000
• 120ft – 150ft = $80,000 – $150,000
• Over 150ft = $150,000 – $500,000

How much does it cost to rent a boat for the day or for a party? The average price can be anywhere from $500 – $5,000 per person.

Taxes and Added Value Tax

No matter the type of yacht or charter, you will have to pay either a local tax or Value Added Tax (VAT). The tax amount will depend on your destination. Here are some examples of popular destinations for charter excursions.

• Bahamas = 4%
• British Virgin Islands (BVI) = $6 – $16/day depending on the flag of the boat
• Florida = 6% (Broward County), 7% (Miami-Dade Country)
• France = VAT 20% or 10% if the trip includes International Waters
• Greece = VAT 12%
• Italy = VAT 22% or 6.6% or 8.8% if trip includes International Waters
• New England – No Tax
• Spain = VAT 21%

Find out more in-depth information about what goes into determining  yacht charter pricing.

Get Ready To Set Sail For an Adventure at Sea

Chartering a boat or yacht for an extended vacation or even for the day is the ticket to a high seas adventure you will never forget. Do your research to determine how much to charter a yacht.

Be sure to explore our site for more travel tips . You can also find information on our blog as well as popular destinations in North America and the Caribbean, Europe, Asia, and Australia/New Zealand.

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Yacht Charter Cost: How Much it Costs to Charter a Yacht

There are so many reasons to charter a yacht. 

Whether you want to celebrate an important milestone, spend some time with friends or family, or just have the experience of being on the water, there’s no better way to do it than by sailing away on your own luxury yacht . 

Before you set sail, you’re probably wondering: how much does it cost to charter a yacht? And, what are the terms I should be aware of?

At Seabastus Sailing, we want to make sure you have all the information you need before making your decision. So, we’ve put together this handy guide to answer all of your questions!

Why Charter A Yacht?

Nothing says laid-back luxury quite like your own personal yacht.

If you want to explore a new coastline, spend some time with friends or family, or stretch your sea muscles, there’s no better way to do it than by sailing away on your own luxury yacht.

Chartering a yacht means you have all of the comforts of home with you, and lets you explore some of the most beautiful destinations in the world.

At Seabastus Sailing, we offer a wide range of yachts for charter, from sleek sailing boats to spacious motor yachts. Plus, an exciting scope of beautiful tropical destinations that are sure to delight your group.

Each of our yachts are carefully selected for their outstanding beauty and charm, as well as luxury amenities such as air conditioning, WiFi access, TV with DVD player, sound system and more!

If you’re looking for a unique experience unlike any other, chartering a yacht is a perfect choice.

Looking for a boat?

Discover the open waters of top sailing destinations!

• Browse our boats here

What To Know Before Chartering A Yacht

Now that you know how much it costs to rent a yacht, you’re probably wondering what you can expect from the experience.

First, a yacht charter is not like renting a boat or sailing on a cruise. With a yacht charter, you are hiring the entire vessel and crew for your exclusive use. This means that you will have total control over your itinerary and the level of service you receive.

Second, unlike most other vacation rentals, there are no set prices for yacht charters. Every boat is unique in terms of size, number of cabins, and amenities offered.

There are also many factors that affect the cost to rent a yacht: your itinerary, how long you want to charter for, type of vessel required (bareboat or crewed), etc.

Additionally, it’s important to remember that the cost of a yacht charter includes more than just the boat rental. You will also need to factor in provisions, fuel and berthing costs.

Finally,  remember that you can always charter a yacht for less than what you would pay to stay at a luxury hotel. However, it is important to remember that this option does not include the amenities and services offered by hotels such as room service or spa treatments.

How Much Does it Cost to Charter a Yacht?

The cost of chartering a yacht varies depending on the size and type of vessel you choose, as well as the season that you’re sailing in.

Generally, yacht charters are between 1000€ and 10,000€ per week.

However, the price of your yacht charter will be influenced by several factors:

• The size of your group
• The specific type or brand of yacht you choose to sail on
• How many days you’ll need it for
• The type of sailing area you’re interested in
• What amenities and services you require (a private chef or cabin crew can add a lot to your charter cost)
• Your destination

Seabastus has a selection of yachts that range from 873€ to 42,000€ per week!  It’s never been easier to check out the exact price of your yacht charter on our website.

Check out our full range of motoryacht’s here .

Charter Your Next Yacht With Sebastus Sailing

Sebastus Sailing offers a personalized and luxury yacht experience . Our team is dedicated to helping you plan a custom sailing vacation, where you can relax and enjoy the beauty of the Mediterranean from your own private vessel.

Croatia is one of the most popular destinations for yacht charters, with its stunning coastline and crystal-clear waters. On a Sebastus trip, you can expect to enjoy all the amenities of a five-star hotel, as well as a variety of adventures.

As for where you’ll be sailing, choose between our 7 perfect sailing destinations for the most glorious yacht charter holidays: Croatia, Greece, Turkey, Italy , Balearic Islands, the Caribbean, and Thailand.

We can’t wait to meet you and help you plan the perfect sailing vacation!

Our fleet of yachts is available for charter starting at only 873€ per week! Book your yacht charter with us today!

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How much does it really cost to charter a luxury yacht?

Booking your first charter can be a tricky stretch of water to navigate, especially when you're confronted with provisioning allowances and price variations before even stepping on board. To make things a little easier, we have put together the ultimate guide to all the costs you might encounter when booking your dream yacht charter vacation...

If you want to charter a luxury superyacht , understanding the costs involved can seem a little daunting first time around. The two important things to understand are your base price, referred to as a "charter fee" or "charter rate", together with what you will be expected to pay on top of it. All-inclusive charter rates are not industry practice, so guests should expect to be paying more than just the basic fees listed on broker’s websites or in their brochures.

The best analogy for determining the cost of your charter is with buying a car. It’s never quite as easy as just walking into a showroom and saying, “I’ll take the blue one.” Immediately the salesman will whip out his order pad and start asking questions. “Do you want a radio?” “How about the fancy wheels?” “Did you want the two-tone paint?”

Yacht brokers will be able to provide you with an accurate estimation of all the costs involved in advance, but here is a breakdown of what to expect.

What is a yacht “charter”?

At a basic level, chartering a yacht means paying a fee to rent out an owner’s superyacht for an agreed period of time with a pre-arranged itinerary of where you will be cruising on board. During a charter vacation you will have access to all of the superyacht’s amenities which could include a swimming pool, beach club or cinema, as well as the toybox, which often provides equipment for water sports like wakeboarding, snorkelling or water skiing. During charters, guests will be looked after by the yacht’s crew, who will take care of your every need, including ferrying you to and from shore, washing laundry and providing meals cooked by the yacht’s chef.

How much does it cost to charter a superyacht?

Across BOAT International's listings, a charter vacation can range from a minimum of €14,000 per week (20 metre yacht George V ) to a maximum of €2,200,000 per week (126.2 Octopus ). Generally speaking, the bigger the yacht the bigger the cost of the charter, but this isn't always the case. There are actually many more factors that can influence the basic charter fee – not to mention the add-on expenses that are involved.

According to averages taken from BOAT International’s listings, smaller superyachts measuring under 30 metres LOA will have a weekly charter rate somewhere around €40,000 while yachts between 30 and 40 metres will weigh in at an average of €70,895 per week. 

Over 40 metres is when the charter rate will move into the €100,000 per week range, with yachts between 50 and 60 metres costing on average €219,826 per week while yachts in the 60 to 70 metre range average €444,521. Mega yachts measuring 80 metres and over will, on average, set charterers back by around €1.7 million a week. This is just an average price, however, and each yacht’s charter rate will be affected by a number of aspects from how many cabins and amenities there are on board to the dates and locations of where the charter takes place.

What factors can influence the base price of a yacht charter?

High season vs. low season.

In general, you’ll find two basic rates: high season and low season, usually with specific dates set for each. In addition, you’ll find chartering around special events that are more expensive: New Year’s Eve , Monaco during the Grand Prix , Cannes during the Film Festival , an Olympic destination or on the sidelines of the America’s Cup .

The key is to choose your times carefully. A difference of one week (from high season into low season) can significantly alter the cost, while still providing the same weather as the more expensive period. For yachts measuring between 30 and 40 metres, the high season price could result in an increased cost of around €6,000 per week. The highest increase in an average charter rate between low and high seasons can be seen in BOAT's listings of yachts measuring between 60 and 80 metres, with high season rates potentially costing around €33,000 extra.

The yacht itself

The yacht itself is a major factor in determining the charter cost, but it’s not just about size. A recently launched charter yacht from a famed builder with an experienced and popular charter crew is going to command top prices for its size range. Yachts with a legendary name or a history of celebrity ownership (for example Malcolm Forbes's iconic charter yacht Highlander , which has hosted everyone from Elizabeth Taylor to HRH Prince Charles) can also ask higher rates just for the “fame” value. And yachts with special features, such as cinemas or exceptional water toys like a submarine are also pricier.

Three different 30 metre charter yachts may vary in cost by as much as €75,000. Ask your broker to explain the differences. One yacht may have a larger and more experienced crew or a big-name chef, another yacht may be a little tired, another may not be in a prime location. It’s important to understand why the prices are higher or lower.

If a yacht has a gap in its charter calendar to fill, for example following an unexpected cancellation, some brokers will occasionally offer a time-limited charter fee discount offer .

What is included in a charter contract?

Knowing the base price of your charter is just the starting point. Depending on the location, which often governs the terms of the contract , more or less may be included in the inital fee, such as insurance or cancellation policies. Bear in mind that every charter yacht, because they are privately owned and the owner sets the rules, is slightly different. One yacht may include a “standard” selection of wines with every meal and charge only to upgrade the vintages, while on another yacht the wines are a la carte. Below we look at the different types of charter contracts you may come across when booking your yacht.

Mediterranean Yacht Brokers Association (MYBA)

Under Mediterranean Yacht Brokers Association (MYBA) charter contracts, which are arguably the most common, the charterer is charged for the hire of the yacht, fuel, marina fees, crew wages, guests' personal laundry, insurance, water toys, food and drink as well as engine room maintenance and miscellaneous expenses. As a round number, which depends on how much fuel the yacht uses and how fancy the meals and drinks, you can expect to add 25% to 50% of your charter cost.

Caribbean Terms Inclusive (CTI)

The Caribbean Terms Inclusive (CTI), which is sometimes called Standard Caribbean Terms (SCT), is another type of charter contract which is more inclusive. It accounts for three meals per day and fuel for four hours of cruising a day. Some yachts under CTI terms include basic beverages (not vintage wines or champagnes), but this is mainly in the Virgin Islands.

Greek Terms (GT)

For yachts being chartered around the Greek Islands and mainland, another common phrase you may come across is "Greek Terms" or a GT contract. This will similarly include the cost of the yacht and its equipment, crew wages and laundry as well as any specific berthing fees required for Greek waters. 

What is an Advance Provisioning Allowance?

Part of your yacht charter contract will include an Advance Provisioning Allowance or APA. This is an amount of about 30-35 per cent of the charter fee for a “plus all expenses” charter and about five per cent for an “all-inclusive” charter. It is sent to the yacht before the charter to provision the yacht according to your preferences.

During the charter, the captain will provide a running account of the usage of the funds and, at the end of the charter, will present a detailed accounting along with any unused funds in cash. If the APA balance runs low during the charter, the client is expected to provide the captain with a sufficient amount in cash to cover the needs for the remainder of their stay. Since many charterers prefer not to carry quantities of cash, the charter broker can hold an amount and release it to the captain as needed. Here is what is covered by an APA...

Food and drink

Before you book a charter, your charter broker can provide you with a good estimate of the additional costs that will be incurred. Food is one of the largest and it is directly proportional to how exuberantly you plan to dine. If you expect several bottles of Champagne with every meal, then you can assume that your costs will be higher.

Fuel can be another cost and, again, it depends on how much the yacht cruises and how fast, too. Time spent at anchor will include the fuel for the generators, while shore-side electricity when at a dock is also an extra. Don’t forget that fuel is also charged for the tenders and water toys , so you’ll pay for the fuel used while zipping around on the jetskis.

Harbour fees and dockage

Harbour fees and dockage are a variable that can range from exorbitant (a front-row dock at the Monaco Grand Prix) to little or nothing in some areas.

Communications

Communications are another cost and, with the options for satellite communications and Internet, an important one for most charterers.

Delivery fee

A delivery fee is usually charged if a charterer requests to board (or depart) a yacht at a distance from where the yacht is normally based.

All the yacht laundry, including towels, sheets and table linens, is included in the charter fee, but some yachts charge to launder personal items of the charterer. Most, however, will do small quantities of personal laundry as a service but they usually won’t be responsible for delicate items.

At the end of each yacht charter, a cash tip is given by the primary guest to the captain to divide amongst the crew. Standards for a crew tip can range from five to 20 per cent of the base charter rate. This is not a cost included in the APA but some brokers will advise that any APA funds leftover at the end of the charter can be used to make up part for the tip. To learn more, read our handy charter tipping guide .

One cost not directly related to the operation of the charter yacht is insurance for the charterer. Cancellation and curtailment insurance is the charter version of travel insurance on airlines and cruise ships: It covers the charterer for the costs if unforeseen circumstances force a cancellation or shortening of the charter. Your charter broker can provide this insurance, which is a wise investment.

Charterers may be charged VAT, or “value added tax”, on the charter fees. Many European countries and a few Caribbean islands add VAT, but it is a complex issue that depends on where you board and debark the yacht, so rely on your charter broker for advice.

Made to measure

While it may seem at first glance that the extras or "hidden costs" on many charters are just a way to pad your bill, they are actually a benefit to the charterer. Food and drink, for example, is custom-ordered to meet the client’s requests, so the level of expense is entirely up to the charterer. Fuel is only charged if it is used and other fees are also at the discretion of the charterer. So you do have a way to control your costs and still savour a luxurious charter. What is important to remember is that each charter is unique depending on the needs and desires of the guests, and brokers and crew will always work to satisfy those demands. Ready to get started? Browse our charter listings to pick the perfect charter yacht for your next vacation.

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A Beginner’s Guide to Chartering a Yacht

By Chrissie McClatchie

With the pandemic driving a boom in superyacht charters , more and more people are taking to the water for their first yachting experience. But while some superyachts can cost more than a million a week to charter, you don’t need to outlay seven figures for your own yachting vacation.

Wondering what else you need to know before stepping on board for the very first time? We’ve turned to experts in the yachting industry for their insider intel on how to charter a yacht like a pro—from how much it will run you, to where to go, and well beyond. Read on.

Do I need a charter broker, and how do I find one?

It’s a charter broker’s job to match you with the right yacht and crew—and then take the lead in planning the entire experience. Professional bodies such as MYBA The Worldwide Yachting Association act as a database of industry-recognized professionals. But the best source for finding a charter broker is often your own network. “Building up a relationship with a charter broker is very important,” says Jacqui Lockhart, a Monaco-based broker at Camper & Nicholsons International . “If possible, look for a recommendation from a friend.”

Once you’ve found the right broker, communication with them will be key. “Take the time to be as detailed with your preferences, such as dietary requirements, likes and dislikes, and preferred activities, as possible,” says London-based broker Charles Crane of Edmiston . “This will give us and the crew the best information to make the charter a success and tailored to perfection.”

How much should I be prepared to spend?

“The entry point is around $40,000 for a week on a yacht 82-feet upwards that can sleep six people," says Lockhart. What can take first time charterers by surprise is that this isn’t an all-inclusive figure. “The charter fee covers the hire, the crew, the insurance—everything that’s linked to the yacht,” Lockhart continues. Anything specifically for the client is extra—including food and beverages, fuel, and dockage. As a rule of thumb, budget for an extra 30 percent on top of the baseline charter figure for these extras, which goes into a fund known as the Advanced Provisioning Allowance (APA). At the end of the charter, it is also customary to tip the crew; between 10 and 20 percent of the charter fee is a guideline figure. There may also be Value Added Tax (VAT) to pay on the charter rate, depending on the country of embarkation.

At the smaller end of the charter fleet, more opportunity exists for single-cabin bookings rather than whole yacht charters. This year in the Caribbean , Sheila Ruffin of Soca Yacht Charters has launched a “Stranger on the Seas” package. Prices start at around $6,000 per person—all-inclusive—on catamarans between 48 and 60 feet. “This allows couples the opportunity to mix and mingle with other couples for an adventurous and social yacht charter on the Caribbean Sea,” says Ruffin.

What destinations are best suited to first-time charterers?

“For first-timers, I wouldn’t recommend a remote destination,” says Captain Kelly Gordon of Freddy , a 106-foot charter yacht based out of the Bahamas . “When it’s hard to get to, that eats up some of your valuable time and can also take some of the fun out of it.”

While yachts are heading towards unchartered waters such as Antarctica with increasing frequency, cruising grounds in the Mediterranean and the Caribbean are classic destinations for a reason. “For the first-time charterer in these locations, there will be more yacht options to choose from, proven cruising grounds with known and safe anchorages, well-connected and easy access hubs to ensure smooth passage to embark and disembark the vessel as well as the ability to source most provisions that guests may want,” says Crane.

The key ingredient? The crew.

Although much of the focus is on securing the right yacht, the secret to the success of a charter is its crew. “Put simply, the crew make the difference between a good charter yacht and a bad one,” says Crane. Today’s crew are increasingly versatile. “They may also be a diving or yoga instructor, personal trainer, fisherman, or sommelier,” he continues.

The crew also knows your cruising area better than anyone else. “Be sure to pick their brain on fun things to do. They often love the opportunity to come up with fun activities and games, whether for kids or adults,” says Lotte Barker-Hahlo, a London-based charter broker at Burgess .

The level of hospitality from crew on most yachts often convert first-time charters into repeat customers. “The attention to detail from the crew is unsurpassed by any other luxury holiday,” says Barker-Hahlo. “From the unpacking of your suitcase to being offered a drink before you’ve even realized you’re thirsty, it’s 24-hour care and service.”

Gordon says that much of the feedback she receives at the end of a first-time charter is why didn’t we do this earlier? “People are always surprised at how we take the time to get to know their needs before they have even arrived. We really do study those preference sheets!”

Think carefully about who else you want on board

Another important factor to a successful yacht vacation? Your fellow travelers. This is a specific type of vacation, which should narrow your list of invitees. “Strongly consider who you vacation with when chartering a yacht,” urges Ruffin. “Unlike other vacation options, yachts are very intimate and exclusive. Choose to share your water adventure with those you like and will enjoy on the water for a week or more.” Maybe, even for veteran yachties, that's the sagest advice of all.

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• Apr 13, 2022

How Much is a Yacht Charter? 3 Main Costs Explained

Updated: Jul 14, 2022

Chartering a yacht can bring a lot of enjoyment and is one of the best ways to enjoy being out on the water for a variety of events and celebrating special occasions . Coordinating your charter and estimating the true cost of your excursion can be a challenging exercise. There are a variety of ways brokers and charters structure their fees and additional costs that we will break down while noting things that you should consider. We will also describe how rates can vary if you are looking to charter a yacht for a few hours, on a per-day basis, a long weekend, or more than a week.

As a general rule, the longer you commit to being on the yacht, think a week or more, then the more your rate for the yacht will decrease, but note that this is just for the boat . The primary factor driving the discounts is that the owner is securing more usage of the vessel and will happily discount the rate, but other costs will still increase for you. This brings us to the first major additional fee impacting the final cost of a yacht charter; the cost of operating.

1. Advanced Provisioning Allowance (APA)

Get ready to put down your credit card because selecting a yacht for your needs is just half of the journey and cost as you see in the below breakdown. Charters often change you all or a portion of the costs they intend to incur for operating the yacht. Not only are you charged for each item, but you pay upfront in the form of APA. This payment advancement is established to hold funds that will cover operating costs and the APA typically starts at around 30% to 40% of the cost to reserve the boat. The APA covers just about anything that goes into operating the yacht during your charter. It's important to note that the 30%-40% hold may cover all costs, but if you go over expect additional charges or if under the APA hold, a return of unused funds.

Below are the main items that typically fall under APA and an estimated cost per day for a 70-foot yacht accompanying 12 guests.

Fuel - $150 to $400 per day

This will vary depending on your itinerary, engines and fuel type, running efficiency, as well as the actual cost of fuel. Expect fuel prices at the dock to be 10% to 35% higher than at a traditional gas station. Diesel fuel, most common on larger boats, tends to be marked up less than gasoline. For a standard day charter, the boat typically will be out cruising for around two to three hours each day if staying local.

Food and Drinks - $50 to $150 per day per guest

Your food and drink budget can add up quickly depending on your tastes, how many meals you are eating on board, and of course the number of guests. If you are eating three meals plus snacks on board then the cost will increase vs two meals and snacks. Prefer steak, lobster, and fine wine to sandwiches, pizza, and beer, then expect the price to increase even more. One other thing to note is that if your requests require specialty shopping then there may be a fee added to the total food and beverage costs.

Chef - $250 to $750 per day

Some chefs will include their fee into a cost per person, which also includes the cost of the food. However, there are some chefs who will come on board to prepare the meals you've chosen and then charge a flat fee per day or meal for their time. Some celebrity chefs, think Top Chef contestants, will demand a higher fee, but we've estimated this cost without the celebrity factor.

Entertainment and Amenities - $200+ per day

Depending on the size of the yacht, it may include a tender, jet ski, water pads, slide, stand-up paddle boards, SEABOBS, flyboards, snorkel gear, kayaks, and inflatable islands, or more with their standard boat fee. With all of the options available, it's unlikely that most yachts will be able to have all of these items available for your charter. This is why most charters offer add-on options which are then charged as an additional cost and deducted from the APA. Entertainment such as live music, DJs, wine tastings, seaplane tour, photographers/videographers, and more is most likely another add-on, and the cost is a pass-through deducted from the APA. Internet and other utilities may be charged back to you as well.

Harbor and Docking Fees - $100 to $225 per day

Planning on visiting a different marina or making a few stops throughout your charter? Prepare to pay any harbor fees and/or docking fees. Some harbors, not as common in the U.S. for recreational charters, charge visiting vessels a harbor fee which is used to maintain the harbor. If the yacht you are on spends any time at the dock of a marina there is oftentimes a fee based on the yacht length and time spent at the dock. Reservations may be required but some marinas are making it easier to book and manage through services like Snag-A-Slip . Note that this should only apply if you are booking multi-day charters.

Delivery and Pickup Fees

If you want to be picked up or dropped off at a location outside of your charter's marina, there oftentimes is a cost associated that covers the yacht's time, crew, and fuel. This can vary based on a variety of factors, but if you want to be dropped off at a different location to end your charter and the return trip back is two hours, expect to pay $1,000 to $2,000 for the empty leg trip the charter makes back to its homeport.

Tip - $1,000 to $1,750 per day

Most charters strongly encourage tips for the captain and crew who are taking care of things before, during, and after your charter. How much you tip the crew of a yacht is dependent on the level of service and your satisfaction. It's completely discretionary, but usually expected and ends up being 15% to 20% of the charter cost. This can be deducted from your APA if there are funds remaining or added on at the end of your trip.

Captain and Crew*

The asterisk* is here because most characters include the basic crew required to operate the yacht in their base boat charge, typically a captain and one deckhand. See point number three below for potential additional costs .

2. Charter Duration

There are many charter operations that only offer half-day or full-day charters. This is due to some complexities that arise once you mix in overnight charters. Overnights require a 24-hour crew, hotel-like amenities, and a few other logistical items. As a general rule, if you book a longer charter, then the less expensive it is on a daily basis. Charters may offer multi-day discounts because of the reduced prep work, cleaning, onboarding, offboarding, and the most important factor is that the yacht is actually working and making money compared to sitting empty at the dock. Some charters will offer between a 15% and 40% discount on the yacht/boat fee for longer bookings. This is because, as mentioned above, most of the operational costs are still passed through to you in the APA, so adding days to a charter doesn't increase the operational costs because that cost is passed on to you!

3. Number of Guests - $200 to $400 per day per crew

Most charters have a cap of 12 guests due to various regulations of the charter business. When charters quote you the yacht/boat fee, it typically comes with a captain and one crew member. If you are hosting up to 12 guests, then it will indicate to the charter if additional crew members are needed. For instance, if you add on specific water activities, it may require a dedicated crew member just to manage the usage of those add-ons. If there is a high demand for food and beverage, that may also warrant another dedicated crew member for prep, serving, and cleanup. If there are a total of 12 guests, the odds are that the yacht charter may require a minimum of three total crew members, not including the captain. The additional two crew members are not free and their costs will be added to your bill. Yacht charter crews are paid anywhere from $200 to $400 per day plus tips at the conclusion of the charter.

As an example, let's say you are trying to figure out how much it costs to charter a yacht for three days on a 70-foot yacht for 12 people. There are some other factors to consider such as the specific type of yacht, age of the yacht, location, and time of year, so use this as a rough guideline.

The daily breakdown for traditional charters is approximately $10,700 per day. Artizia Yachts is a unique and exclusive membership program growing across the U.S. and eventually overseas. There are three different membership options that can cut the cost of charters in half while still providing a private and luxurious all-inclusive experience. Membership spots are limited for each yacht in order to allow easy booking and availability to members.

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How much does a yacht charter cost? Guide on all those Extras, VAT's, Includes

Thinking about renting a yacht but the idea of all the possible «hidden costs» may scare you off? We’re here to answer all the questions and guide you through the booking process by talking about all the costs to bear in mind so you can have a yacht charter vacation of your dream and know what you’ll pay for and what’s included in the charter.

BONUS : several insights on how to save on renting a yacht and have a dream vacation come true!

How much does it cost to hire a crewed yacht?

Getting ready to book a yacht and plan your ultimate yacht charter experience can be a challenge, especially if it is your first time to have such a holiday. And even for an experienced charterer, it is time and energy-consuming to do research, make all those choices, calculations, organization.

Here at Contact Yachts , we’re happy to take care of all the processes and minimize the time and energy you spend on the activities that a professional yacht charter broker can assist with. Estimating costs is one of them.

After reading our detailed yacht charter cost guide you will know all about yacht hire pricing and have answers to the following questions:

• What is a base charter price?
• How is it formed and what does it depend on?
• What are the extras when it comes to chartering a yacht?
• What is included in the charter rate?
• What is an all-inclusive yacht charter?
• What bookings terms apply for renting a gulet?

What is a yacht charter fee and what does it depend on?

The average cost to rent a yacht may range anywhere from 5,000 Euro per week for a gulet , a sailing yacht, or a catamaran and up to 4,000,000 Euro per week for the mega yachts that are completed with elevators, pools, beach clubs, spa saloons, cinemas, helipads and even submarines.

Yacht charter prices are quoted by the week. And the cost doesn’t change whether there will be only you on a yacht or the full capacity of the yacht (6, 8, 12 guests). The exception can be observed in the Caribbean where some catamarans are priced depending on the number of guests chartering a yacht.

Example: catamaran Zingara in the Caribbean is 42,800 USD per week for 2-6 people onboard, and it is 49,100 USD per week for 10 people onboard.

A yacht charter fee is a rate you pay to hire a yacht with all equipment working in order and the crew service (navigation, cleaning, cooking, serving food and drinks by the crew) during the cruise. The rate is set by the yacht’s owner.

It also depends on various factors, such as:

• Type and size of a yacht
• Age of a charter yacht
• Destination where you want to charter a yacht
• Season when you plan to hire a boat

A charter fee may include some services, food, drinks, taxes or may include only the hire of a yacht with a crew, and that’s it.

The most significant factors that affect a yacht charter fee

• Season factor

It costs less to charter a yacht in the low season months, whereas a yacht charter in high season (the most popular months to have a yacht vacation) will be much more expensive. For example, a high season period in the Caribbean is the holiday season including Christmas and the New Year. In Europe, high season months refer to July and August.

• Yacht type factor

The yacht’s type (catamaran, motor yacht, sailing yacht, gulet), her size, manufacturer’s brand, age of a vessel, its reputation, range of water toys available onboard, types of engines, and other yacht type-related factors play an important role and affect the pricing of a yacht charter. It is generally more expensive to hire a motor yacht than a sailing yacht or a gulet as it costs more to build one than the other two types. So the more expensive it is to build a yacht, the higher her charter price will be.

• Destination factor

Prices to hire a yacht may be quite high in the cruising grounds where the fleet is very small, like Galapagos, for examples. In the meantime, in Turkey, where the largest gulet fleet can be discovered, rates to charter a classic wooden yacht are more competitive. Some countries require a local tax (VAT) to be paid on top of the charter rate, some - don’t. For example, in Greece, you will pay 12% VAT and in Montenegro - none, in Turkey the VAT is 18%.

What is included in the base charter fee and what is excluded in the yacht hire rate?

In reality, there’s no universal answer to this question. Additional expenses applicable on top of the charter fee and the «includes» are the subjects to the terms and conditions of the charter contract for a specific boat in the specific yacht destination.

In the yacht charter industry, there are several types of contracts and yacht charter types that you should be aware of, and they will outline for you all the essential information about costs.

Why hire a yacht? Top reasons to choose a sailing vacation over a cruise ship holiday

Crewed yacht charters can be «All-inclusive» and «Plus expenses charters».

An all-inclusive yacht charter can be seen mainly in the Caribbean. The rate for such cruises is based on the number of guests, and it includes food (three meals per day) and drinks (soft drinks, beer, wine) during the charter, usage of water sports and the fuel needed for navigation (approximately 4 hours per day), harbour fees. Some taxes and dockage can be charged extra. The contract for such charter is known as Caribbean Terms Inclusive (CTI). However, this is most common for catamarans chartered in the Caribbean. Motor yachts mostly operate on the terms where every expense is extra. This is explained in the next paragraph.

A plus expense charter is the most common type of yacht cruise. It means that the base charter fee doesn’t include any expense and it is paid additionally by the charterer. Such expenses refer to food, drinks, fuel needed for the navigation, running the generators and water sports equipment, as well as fuel for dinghy or tender, any local taxes, private marina fees, land excursions, transfers, rendezvous diving, etc. Such expenses are paid by APA (Advance Provisioning Allowance). Usually, it is 25-30% of the base charter fee depending of course on the preferences of the charterers. It means if you'd like to dine with caviar every second day and consume exclusive and rare wines, the APA could be a bit higher than it usually is. APA amount is paid before the charter via bank transfer or by cash.

The «plus all expenses» contract is also known as MYBA contract (formerly known as Mediterranean Yacht Brokers Association, and now Worldwide Yachting Association). Contact Yachts is a proud member of this prestigious yachting association. MYBA contract is indeed the most commonly used contract when it comes to yacht charter anywhere in the world.

Motor yacht OTTAWA in Croatia

Gulet MORNING STAR in Croatia

What is APA?

APA is allocated to the yacht ahead of the charter for the purpose of provisioning the yacht with the exact items required for the preparation of your meals and snacks during your charter, as well as fuel for the yacht. Should the 30% APA exceed the amount required to provision the yacht prior to the charter, and procure any additional items during the course of the charter, the excess amount is always refunded to the charterer at the end of their cruise. Of course, the opposite may also apply, where an additional amount of APA is requested so as to cover expenses. You can control charter expenses by simply staying in touch with the captain and your booking agent.

A detailed list of the various costs involved in chartering a yacht that are or not included in the charter rate

• Crew, its service and crew salaries (included in the base charter rate);
• Usage of the available water toys on board (included in the base charter rate);
• Fuel to run water toys such as Jet Ski, and the tender (not included in the base charter rate);
• Diving (in most cases is not included in the rate and must be paid extra during rendezvous diving appointment);
• Food and Drinks (can be included in the charter rate in the Caribbean or for some specific boats according to the owner’s decision, however in most cases not included and must be paid by the charterer. The products are purchased from local supermarkets and shops so you don’t pay any «added costs» and markups for the items baught - only the price that’s mentioned in the store);
• Fuel for the generators producing electricity (not included in the rate except for some gulets in the Eastern Mediterranean);

Dinner with friends onboard a gulet

• Fuel for the navigation of the yacht (not included in the rate except for some gulets in the Eastern Mediterranean and catamarans in the Caribbean. Also keep in mind if travelling at high speed when chartering a motor yacht, the yacht consumes more fuel, so the expenses will rise);
• Wi-Fi onboard (usually it is included in the charter rate, but also can be extra as well. This must be mentioned in the contract);
• Entertainment system onboard such as TV, music system, DVDs, games (included in the charter fee);
• Tips (not included in the hire rate, and is given by the charterer to the crew based on the personal decision of the guests. If so, generally, it is 5-15% from the charter fee);
• Satellite connection (not included in the hire rate);
• Harbour and dockage fees (usually not included in the hire rate);
• Private marina visits (not included in the hire rate);

Keep in mind you are not obliged to visit private marinas, and the usage of the satellite phone is only based on your need. So when you look at the break down of costs mentioned above, you can choose what to experience and what not to in order to minimize the costs. So you see as a charterer you can easily keep a track of the expenses.

• Delivery fee is charged only if a charterer decides to hire a yacht (or depart from her) from the port that’s different from the home base of a yacht;
• Laundry of the yacht’s items (bed linen, towels, sheets, table cloth) is included in the charter fee. Some yachts can do laundry of charterer’s personal items free of charge, however not often and they can’t bear responsibility for washing delicate items due to the absence of special equipment for that;
• Value Added Tax is usually not included in the charter fee and must be paid extra. For some countries it is not applicable so there’s no need for VAT. Some yachts can have VAT included in the charter rate. This depends on many various factors, and our yacht charter specialist will provide you all the accurate information about VAT for each specific boat during the inquiry process;
• Other possible extras are customs clearance fees if you sail to another country (from Turkey to Greece, for example), national park fees, land tours, excursions, guided tours, transfers, air tickets.

Motor yacht ORIENT STAR in Turkey

Gulet pricing terms

Gulets that are popular charter yachts in Turkey , Greece , Italy , Croatia usually have their own specific pricing terms different from the motor yachts, MYBA contracts, Caribbean terms.

Gulets’ usual pricing structure is as follows. The charter fee includes hire of the yacht, crew service, fuel for 4 hours of cruising per day, sometimes VAT, and fuel for the generators, onboard entertainment equipment, yacht’s laundry. Everything else is extra, as well as fuel to run water toys equipment and the dinghy. As for the food, you’re welcome to order anything you’d like before the charter and pay for the purchase of the goods, and the chef will use them to prepare meals, or there can be Full Board and Half Board options. Full board includes breakfast, lunch, dinner, and can be priced 65-85 Euro per person per day. Half board includes breakfast and a lunch or dinner (one of the two meals) and is usually priced at 50-65 Euro per person per day.

Affordable gulets for rent in Turkey for 8-16 guests

Can a yacht charter vacation be cheaper than staying in the hotel?

Sure, it can, unless of course you charter a mega yacht for up to 200,000 Euro per week and higher.

Let’s take a look at the Greek gulet HERA. Her high season rate is 14,000 Euro per week, and she can accommodate 25 guests onboard. If you are planning a corporate gathering or some special yoga charter, etc, and can bring such a group to a yacht, the cost is very low per person. We should also mention that the Half Board is included in the charter rate. So 14,000 Euro / 25 guests = 560 Euro per person per week. And it is only 80 Euro per person per day for accommodation on a yacht and 2 meals per day. Greek VAT of 12% is also included in the charter rate.

How can you get all the information about a specific yacht?

If you like a specific yacht listed on our website or you’re seeking information for the one that’s not here, contact us to get a comprehensive breakdown of her charter rates and fees.

A yacht vacation is more affordable than one may think

Now you know that vacating on a yacht for sure isn’t reserved only for the richest among us - owning a superyacht yes, but not spending a beautiful holiday onboard a charter yacht. And what’s important - you have an answer to a popular question «How much can it cost you to charter a yacht for a week or so?». At Contact Yachts , we hope this detailed guide on costs, includes and excludes is useful for you.

Transparency of the costs is essential

Our aim is for you to feel comfortable when it comes to yacht charter prices. We believe that the booking process and prices for a holiday on a yacht must be as transparent as possible. Knowing break down of the costs in advance can help to relax your mind and not thinking much about calculations and fear of unexpected things to arise.

From one side all mentioned above looks complicated, but in reality, it’s not.

How to make a yacht charter booking process easier?

Your priority is to choose a destination where you want to hire a yacht, decide which type of yacht to charter and when. The broker then sends you a list of available yachts in the specific area according to your budget and preferences, and of course, he or she mentions to your what booking terms and costs are applicable for the yachts you liked the most. So the yacht charter agent shares all the information needed for you instead of you going and doing this long research.

We are here for you

At Contact Yachts, we know it takes time to book a perfect yacht, but it’s totally worth it. Once you reach your charter yacht, you’ll feel as carefree as never before. Think of all the beautiful coastal towns and islands you’ll visit without a need for packing and unpacking. Think of all the delicious meals your personal chef will cook for you and the stewardess will set up the table, and you don’t need to do anything for that. Think of the sea that’s just one meter away from you and you can jump into refreshing turquoise water whenever you wish. Think of the silence, privacy, and intimacy of this holiday that can’t be compared to any on land experience.

How to save money on a yacht charter?

Keep in mind that it’s always possible to lower your expenses for hiring a yacht. Our experienced charter brokers will help you to avoid any additional expenses if there’s no real need in them (like avoding visiting private marinas or hiring special water toys onboard, choosing a destination without VAT, etc). At the end of the day the job of a yacht broker to protect the interests of a client and find the best possible way for the charterer to hire a yacht and have an amazing vacation.

Please, browse through our destination guide s and navigate the yachts listed in your chosen destination. You can contact us today for a specific question whether it is a yacht charter inquiry or you need assistance with planning a yachting itinerary. Contact Yachts specializes in fully crewed luxury yacht charters in any part of the world. Our company has been planning and organizing yacht vacations since 1995.

Contact one of our team members for expert help

Email: [email protected]

Telephone: +61 2 8003 4655 (Australia); +90 252 413 63 13 (Turkey); +38 095 4444 261 (Ukraine).

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CONTACT YACHTS is a luxury yacht charter company that operates worldwide. Our team of professional charter brokers will assist you in renting, buying, selling or building a new yacht. We also have a concierge team to assist our clients with any VIP request related to a yachting & travel experience.

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Disclaimer: Information displayed is not contractual. Contact Yachts offers details of this vessel in good faith but does not warrant, guarantee or assume any legalibility or responsibility for the accuracy, completeness or usefulness of this information or warrant the condition of the vessel. All information is subject to change without notice. Currency conversions for comparisons purposes only, based on currency exchange rate. All particulars are believed to be correct, but cannot be guaranteed.

How Much Does It Cost to Charter a Yacht?

Charter cruises aboard small ships and yachts have exploded in popularity in recent years and this trend will certainly accelerate given current concerns about traveler health and safety. The most common question we receive from travelers is “How much does a private cruise cost?” or “How much does it cost to charter a yacht?” There are many factors that will determine the cost of a private cruise charter including destination, yacht type and size, the length of the cruise, the season and timing of the cruise and several other considerations.

How Does Destination Affect the Cost of a Private Cruise?

Destinations such as Belize , the Mediterranean and Northern Europe’s England, Ireland and Scotland are easy to reach and have lots of yachts to choose from (for example, the average 10 Mediterranean yacht charter options seen here is curated but more than 25 options exist in total), so they will be the most cost effective. This ease of access and competition among yachts keep costs lower. Alaska small ship cruises or Galapagos cruises are more remote and have more complicated operational logistics and thus will cost more. For instance, in Belize you can book a yacht charter for as little as $400 per person per night whereas a private cruise in the Galapagos will start at about $600 per person per night and go up from there. 

How Does Ship Size & Type Affect How Much It Costs to Charter a Yacht?

One of the most significant factors affecting the cost of a private cruise is the yacht itself. Intuitively, more luxurious yachts will cost more while more simple yachts are more affordable. Similarly, larger yachts cost more, although this can be offset by splitting the costs among a larger group of travelers. Using the example cited above, a Galapagos yacht charter can start at $600 per person, per day, for a simple yacht such as the 16 guest Beluga and go as high as $1,000 per person per day for the luxurious 20-guest sister ships and prestigious Relais & Châteaux members Origin, Theory & Evolve . As prices get higher, expect larger cabins with view windows and upscale amenities, more deck space, award-winning cuisine with five-star service and sometimes onboard Jacuzzi, sauna and workout facilities. 

Timing & Seasonality Influence the Cost of a Private Cruise

The timing of when you charter a yacht will affect the price. Holidays and high season will cost the most, while off-season and shoulder season will offer the most affordable prices. Of course, this will depend on the destination. For instance, a private Alaska yacht charter in Glacier Bay National Park aboard the historic Catalyst & Westward costs about $525 per person per day in the shoulder season vs. $655 per person per day in the high season.  

The Length of a Yacht Charter Will Affect the Price

Yacht charters are priced per day or per week, and as the cruise gets longer the per-day price comes down. Shorter trips of less than one week are less expensive overall but will cost more per day. For instance a 4-day private Galapagos cruise aboard the Coral I & Coral II costs about $510 per person per day, whereas an 11-day charter aboard the same ships is about $460 per person per day. When you factor in flights, park fees and other expenses this difference is even larger (see next topic). You also might not be able to truly customize the trip length depending on your destination and time of year; many small ships stick to fairly strict sailing schedules during their prime sailing seasons, so thus may require you to commit to a weeklong yacht charter.

Be Aware of Extra Fees when Considering the Cost of a Private Charter

As mentioned earlier, the price of a private cruise is typically quoted as per week or per day. However, this doesn’t always tell the whole story when considering a full-boat private charter cruise. The advertised prices of many charters start at a base price and do not include the costs of food, drinks, fuel, local taxes and park fees, etc. These costs can sometimes account for up to 30% of the overall cost.

In the Wild West of internet shopping for yacht charters, be aware of this sometimes-deceptive practice.

Other costs that most charter researchers don’t consider are the cost of getting to your destination, travel insurance and crew gratuities. Travel insurance is especially important because charter terms can be more strict than standard cruise bookings. Crew gratuities can average 10-20% of the overall cost to charter a yacht. All private cruises chartered through AdventureSmith Explorations are inclusive with food, fuel, taxes and crew included in the price. But in the Wild West of internet shopping for yacht charters, buyers should be aware of this sometimes-deceptive practice. 

Plan Ahead to Secure Your Best Date & Price on a Charter Yacht

As the small ship expedition cruising industry matures, private cruises are the next logical evolution of up-close and experiential travel by yacht or small ship. The thought of sharing a private cruise with an intimate group of friends and family is very appealing, and we foresee this style of travel’s popularity only increasing. The benefits of a private cruise include exclusivity, flexibility and savings, but the only downside for some last-minute researchers is that you typically have to book farther in advance to ensure the ship can be available for your group. To get the best date and price when you charter a yacht, we recommend you book early and talk to an expert with experience in full boat charter cruises . Contact us anytime to receive a personalized charter recommendation from our team, or continue exploring the process in our blog post How to Charter a Yacht in 7 Steps .

TALK TO A CHARTER EXPERT

You’ve got questions. We’ve got answers.

This blog detailing charter cruise pricing is among AdventureSmith Explorations’ extensive travel resources. Visit our Small Ship Cruise Guides page for even more tips and inspiration to plan your travels aboard small ships.

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Do you guys do the Caribbean from were and destinations and cost.

Hi Angel, Thank you for your question. We offer both scheduled departures and private charter options in the Caribbean . Embark from ports in Belize, Costa Rica, Panama, Colombia, the West Indies and British Virgin Islands. An Adventure Specialist will be in touch to help you narrow down the many Caribbean travel options. In the meantime, you can browse all our cruise and land tour options through our Caribbean Trip Finder and learn even more about chartering a ship in our blog How to Charter a Yacht in 7 Steps .

Popular & Well-Priced Private Yacht Charters

Browse some of our popular yacht charters, but note the rates listed on each page are per-person (non-charter), unless otherwise indicated. And as with any private cruise, itineraries will be flexible for your charter dates and group. Start your private cruise search, and finalize all the details and costs with our team of experts at AdventureSmith Explorations. We’re here to assist you book the best charter cruise at the best price. All you and your group need to determine is where you want to sail!

Contact Us - How Much Does It Cost to Charter a Yacht?

Travel is best planned one-on-one, and we’re here to help you with your specific needs.

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6 Tips For Choosing The Best Yacht Charter Experience

C hartering a yacht is the ultimate in custom vacationing, a travel trend that gained traction during COVID and shows no signs of stopping. It offers travelers an opportunity to reach their dream destinations in comfort, style, and exclusivity. The best part: Very often, this bespoke experience can be cheaper than a cruise on a higher-end line you’d have to share with a lot of strangers!

Here are six tips for choosing the best yacht charter experience to suit your style, tastes, and holiday goals!

1. Work Within Your Budget

For most travelers, money is indeed an object, or at least a big consideration. A great charter company has a fleet of vessels at its fingertips, from smaller options such as a catamaran or sailing yacht all the way up to a super yacht with ultra amenities. Their team will work with you to assess your travel budget and offer appropriate options. Keep in mind: There’s all sorts of costs — such as fuel, docking fees, and other extras — that factor into a vacation like this. Some companies roll most of those items into a blanket price, others will calculate them separately or in an overage fee called an “advance provisioning allowance.”

Quick Example: Last year, I sailed on the super yacht Ohana in Croatia. It was part of the Goolets charter group based in Slovenia, which charges a flat weekly accommodation cost; an advance provisioning fee is assessed for food, beverages, and any other extras. The lovely ship slept up to 30 guests quite comfortably and all-in at high season (with APF included) was about $143,000 a week. Steep? Sure, at first glance. But broken down per person, the cost comes out to about $4,300 for each friend or family member. That’s food, drinks, excursions, everything. So, it turns out this kind of travel can indeed be budget-friendly and a good charter will work with you to maximize your money.

2. Location, Location, Location

When considering a private yacht vacation, location is everything. The good news is that charter companies operate all over the world, from the aforementioned Croatia to Australia, the Caribbean, Indonesia, and everywhere there’s sea in between.

If you’ve got a dream destination on your bucket list, a private yacht vacation will help get you there. Choose a charter company that has deep bench strength in the region you want to visit. They’ll have a wide range of yachts and corresponding itineraries for you to consider, ensuring the perfect experience for you and your party. Whether you crave the party scene of Greece, Italy, or the Riviera, or prefer something more far-flung and secluded such as the Seychelles or Maldives, a yacht charter experience will have you covered.

3. Consider Your Entire Party’s Needs

Another big perk of a great charter company: They will handle all the onboard logistics during your cruise, considering your entire party’s interests, must-dos, mobility levels, and even special occasions in an easy, effortless manner. They will interview you ahead of time to assess your interests, then craft an itinerary that suits everyone from start to finish. Keep in mind, they know the local area, plus have access to the best guides and onshore experiences. They will pull out all the stops to make sure everyone in your group has a terrific time.

Culture vultures to party animals will have the perfect vacation planned for them by the yacht charter. From city walking tours led by historians to exclusive access to the best clubs and other hotspots, the charter company and your yacht’s onboard staff are there to make sure it’s all picture-perfect. And if you feel like scrapping your schedule for the day and choosing to stay on the water? That’s just fine, too. The crew will roll with your wishes and honor them.

4. Food And Beverages = Big Deals On Board

No question about it, fabulous food and hand-crafted beverages are central to a terrific private yacht experience. Again, this is where that thorough pre-interview really comes into play. A charter company will consider not just preferences, but any allergies, dietary considerations, or religious restrictions to make sure the chef is prepped accordingly. Expect special snacks and other surprise touches to shine through as well; during my charter, a special birthday cake was procured and presented to a young guest after dinner on his big day.

While the yacht’s team will make sure your food tastes just as spectacular as it looks, they’ll also likely lean into the regional culinary scene with locally sourced fruits, vegetables, meats, and of course, seafood! Keep in mind your yacht’s stewards are responsible for keeping bar service running smoothly; by the second day, they knew which mid-afternoon cocktail I fancied (Croatian sparkling wine) and which wines I preferred at dinner. My glass was never empty, until I signaled I was done for the evening.

Bottom Line: Your culinary service should be seamless and impeccable during your time on board.

5. Don’t Forget The Water Toys

Water toys are a big part of a private yacht experience — you’re on the water after all and want to make sure you can get out there and enjoy it. Look for a vessel that has a robust fleet of options that align with your party’s fitness level and recreation (or adrenaline!) goals. Kayaks, rafts, and jet skis are all fairly standard; some yachts also include seabobs, massive water slides, and even inflatable water playgrounds to ensure multi-gen fun on the water. 

Pro Tip: Depending on the destination, divers will also want to inquire about scuba or snorkel equipment.

6. Find A “Your Wish Is Their Command” Crew

One of the best parts of a private yacht vacation is the bespoke service you’ll experience every step of the way; the goal is to make sure you want for nothing during your time on board. Craving a cucumber water while you’re lounging on deck? They’ll have it. Want to make sure there are snacks waiting for you after you return from kayaking? Of course! And want to take your dinner to another level? Crews take great pride in creating over-the-top table masterpieces and theme nights that will dazzle everyone in your party.

Of course, crews can and do accommodate more outrageous requests, but don’t be that Below Deck nightmare and ask them for something that’s illegal. It puts them in a terrible position where they could be held liable, and it’s just not cool.

Keep In Mind: A crew that provides excellent service deserves excellent recognition. Be kind and make sure you factor an appropriate tip into your budget. It’s very often not included in the price of the charter or advance provisioning fee.

For more cruise content like this, check out these articles:

• 9 Best Alaska Cruise Lines
• 8 Best Cruise Lines According To Our Readers
• 6 Cruise Splurges Our Experts Say Are Worth Every Penny

This article originally appeared on TravelAwaits

BVI, USVI & CARIBBEAN Crewed Yacht Charter Costs

The majority of our luxury crewed yacht charters in the British Virgin Islands (BVI), US Virgin Islands (USVI) and Caribbean are all inclusive, with yacht rental costs (otherwise known as Charter Fees) starting at around $20,000 per week and up to $70,000 per week, plus tip.

How much does it cost to charter a yacht IN THE BVI, USVI & CARIBBEAN? The majority of our luxury crewed yacht charters occur in the BVI, based on true yacht availability and given where the majority of these crewed charters actually occur. These crewed charters are all inclusive, starting at around $20,000 per week and up to $70,000 per week, plus tip. Our other category of higher-end yacht charters start around $50,000 plus all expenses on our higher end power catamarans and around $70,000 plus all expenses on our higher end motor yachts.

What We Do? We specialize in arranging extraordinary crewed yacht charters in the British Virgin Islands (BVI) , US Virgin Islands (USVI) , Bahamas and other Caribbean destinations . We also pride ourselves in being personally familiar with not only the destinations we cover, but more importantly, with our distinctive list of fully crewed yachts, including our popular sailing catamarans plus our luxury power catamarans & motor yachts .

Why Choose Carefree Yacht Charters? Because. Experience. Matters. We're a long-standing top 5 Crewed Yacht Charter Company with over 25 years of industry experience. Our Team's tenure includes 16 years in business as professional Yacht Charter Brokers, including owner-dedicated service from start to finish. Our Team also offers our clients a combined 25 years of experience as professional Crew and while aboard various highly successful yachts in the BVI, USVI & Caribbean. When combined, Your Team at Carefree Yacht Charters is uniquely qualified to expertly and seamlessly handle your vacation of a lifetime. Learn more About Us and the Carefree Difference .

OUR ALL INCLUSIVE CHARTER COSTS VS PLUS EXPENSES CHARTER COSTS:

• All inclusive Crewed Yacht Charters: The majority of our fully crewed yacht charters, are all inclusive. Refer to the charter cost tables below for an indication of our typical weekly "all inclusive" rates, excluding the standard 15 - 20% crew gratuity. Learn more within our Charter Cost FAQ's .
• Plus Expenses Crewed Yacht Charters: Our other category of higher-end yacht charters are "plus all expenses". These higher-end yacht charters start around $50,000, plus all expenses on our power catamarans and around $70,000 plus all expenses on our motor yachts. The rates include the yacht only, with all other charter expenses (such as fuel, food, beverage, bar, dockage, etc.) at an additional cost to the Charterer. These expenses are paid via an upfront APA (advance provisioning allowance) and typically at 35% on top of the noted rate. Refer to the charter cost tables below for an indication of our typical weekly "all-in" rates on our plus expenses yachts, excluding the standard 15 - 20% crew gratuity. Learn more within our Charter Cost FAQ's .

Request a Quote

For specific quotes or for our list of recommended options that fall within your suggested budget range, call us in our South Florida office at 954-980-9281 or Request a Quote . We'll quickly match you with a yacht charter that fits your budget, style and interests.

A group of couples that we booked aboard 58' Catamaran Sea Esta in April 2022 said:

I would like to thank Lynne Campbell for making the process for a group of people so easy by providing detailed emails and constant reminders for getting prepared for our trip. Lynne knows the yachts and more importantly knows the crew. Thank you Lynne for all that you did to make this dream vacation possible. Warmest regards, Lorraine S. New Jersey

Crewed Charter Costs --> Cost to charter a yacht in the BVI, USVI & Caribbean

Refer to our Affordable , Mid-Range , and High-End tables below for an indication of our typical 7 night "all inclusive" price points as well as our typical "all in" price points on our plus expenses yacht options. In all cases, the standard 15 - 20% crew gratuity is extra and on top of noted rates. Already know your ideal and maximum budget range? Then simply Contact Us and we'll start our easy booking process to match you with the best yacht and crew to suit your needs. Then all you’ll have to do is countdown the days until you experience carefree relaxation at its best.

All Inclusive Charter Costs

Charter cost faq's --> bvi, usvi & caribbean yacht charter cost faq's.

How Much Does it Cost to Charter A Crewed Yacht in the BVI, USVI & Caribbean? The majority of our charters are all inclusive, starting at around $20,000 per week and up to $70,000 per week, plus tip. Our other category of higher-end yacht charters are "plus all expenses". These higher-end yacht charters start around $50,000, plus all expenses on our power catamarans and around $70,000 plus all expenses on our motor yachts. View our cost tables above to learn more about our typical "all inclusive" or "all-in" crewed yacht charter costs.

What's included in our all- inclusive charters? For the majority of our crewed yacht charters, the rates are "all inclusive" including 8 days/7 nights aboard a private yacht with professional Captain and Chef, 3 meals per day, requested beverages, standard bar, fuel, all expenses related to the running of the vessel, plus use of on-board sports equipment.

What's excluded from our all-inclusive charters?

• Standard Crew Gratuity : A main cost excluded from the weekly rates is a customary crew gratuity. The standard amount is 15 to 20% of the charter rate. The gratuity is based on services provided throughout the week, can be scaled up or down based on service, and is at the discretion of the client. Be sure to plan this amount into your charter budget.
• Other exclusions : Unless otherwise specified, the published rate does not include scuba diving, scuba equipment, premium beverages and fine wines, excessive alcoholic consumption, off yacht excursions, dockage (at guests request), telephone, airport transfers or similar expenses incurred by the charter guests. Some yachts also charge for cruising taxes/permits or USVI or BVI port fees, etc. If there are additional costs that you will incur while aboard the yacht, we will let you know those costs at your time of inquiry.

What's included in our plus-expenses charters? These plus expenses crewed yacht charters include the yacht only with all other expenses at an additional cost to the Charterer.

What's excluded from our plus-expenses charters? These plus expenses charters include the yacht only, with all other charter expenses (such as fuel, food, beverage, bar, dockage, etc.) at an additional cost to the Charterer. These expenses are paid via an upfront APA (advance provisioning allowance) and typically at 35% on top of the base charter rate. Another main exclusion is the customary crew gratuity. The standard amount for a gratuity on a plus expenses yacht is 15 to 20% on top of the base charter rate. The gratuity is based on services provided throughout the week, can be scaled up or down based on service, and is at the discretion of the client.

Do the yachts charge a premium for Christmas and New Years Charters? Yes. Christmas and New Year charters have a holiday surcharge added to the published winter weekly rate. Yachts will also mandate specific holiday dates which allow them to book both a Christmas and New Year charter. These charters must be at least one week in length or the Charterer must be willing to pay for a full week's rate if wanting to charter the yacht for less than a week. Some yachts additionally charge premium rates for Thanksgiving and/or Easter week.

Is it possible to charter for less? The charter cost tables represent typical ranges, but there are occasionally available yachts which may charter for less. Review our current yacht specials to see a list of yachts currently offering published specials. Or, consider a 6 night, pro-rated charter as further explained below.

What if we charter for less than one week? A large majority of our all inclusive yachts offer 6 night charters at a pro-rated rate. Many of our clients opt for a 6 night charter as this gets pro-rated on a straight basis and often brings particular recommended yachts into more affordable ranges. To determine 6 night rates, divide the weekly rate by 7 then multiply by 6. To determine 5 night rates (for yachts that are willing to charter 5 nights), the industry divides the weekly rate by 6 then multiplies by 5. Due to this calculation, the difference between a 5 and 6 night charter is minimal.  Please note that our personal minimum charter length is 6 nights.

Do the yachts offer lower prices for the summer/low season? For a majority of yachts, summer/low season runs from May 1 through December 14 and winter/high season runs from December 15 through April 30. Most yachts now operate at a year round rate.

Do prices vary by destination? Yes, charters outside the BVI and USVI are typically more expensive. Our most affordable and largest selection of yacht options are based in the USVI and BVI from November through July. When yachts are willing to travel outside of the BVI and USVI to other Caribbean destinations or the Bahamas, the end charter rate is typically higher than its counterpart in the Virgin Islands. Cruising taxes/permits are always extra outside of the BVI and USVI and delivery fees often apply for the yacht to get to other destinations. In the Bahamas, most yachts are plus all expenses at 35% on top of the noted base rate plus an additional 4% Bahamas tax and an added 10% Bahamas VAT tax.

Do prices vary by yacht style? Yes, charter costs on our power catamarans and traditional motor yachts are definitely higher than aboard our sailing catamarans. A bulk of the extra cost incurred is due to the fuel expense on these yachts as well as other additional factors. Please note that sailing catamarans are by far our most popular yacht style, have the ability to motor between islands as well, and you'll find the most yacht options to choose from within this yacht style category.

Will the yachts negotiate on price? No. Our yachts set their own rates, have "published rates" within the industry, and have priced themselves competitively based on current market trends. However, several of our yachts do offer published specials throughout the year.

Will the yachts give a discount if you have meals ashore? Many of our yachts offer half-board charters at a minimal reduction in the charter rate. These half-board charters typically include 7 breakfasts, 4 lunches and 3 dinners aboard with the remainder of meals, or one meal per day, taken ashore at the Charterer's expense. These half-board charters will often cost more overall than a full board charter, where all of your meals are included aboard. If you only plan to have a meal or two ashore there is no reduction in rate.

Do you offer charters with just a Captain aboard? While some of your yachts may note a Captain-Only rate within their rate notes, we will not book this type of charter and do not recommend this type of charter for our clients.

More From Carefree Yacht Charters ®

Other questions.

Our charter FAQ's page may answer many of the other questions you may have regarding a crewed charter in the BVI, USVI, other destinations. Contact the charter experts now to get immediate assistance regarding any questions you may have.

Our Charter Destinations

Consider a charter in the popular BVI or US Virgin Islands , The Grenadines or the Bahamas , each offering a slightly different flair.

Yacht Styles

Enjoy a luxury crewed yacht charter aboard one of our popular sailing catamarans , power catamarans , or traditional motor yachts . Learn more about our various yacht styles .

We Can Book Any Yacht Out There

Looking for a specific yacht? We can assist in brokering any yacht out there or that you're interested in. Our clients rely on our expert advice about the best yachts and crews along with all the other fine details involved with planning a trip of a lifetime. This allows them to go on to enjoy their crewed yacht charter vacation in a carefree and effortless way, just as a vacation should be.